ECONOMETRIC MODELING OF RUBLE SENSITIVITY TO CHANGES IN WORLD OIL PRICES DURING THE CRISIS PERIOD OF THE RUSSIAN ECONOMIC DEVELOPMENT
The article represents a comparative analysis of the causes of crises in Russia`s economy in the periods 2008-2009 and 2014-2015. The author studies the features of changes in the value of the national currency (ruble), depending on the quotations change in the world oil market in each of the periods under review. Special attention is paid to the econometric model (ruble cost / price of a barrel of oil) with a high-quality forecasting capacity.
Keywords: economic crisis, value of the ruble, price of a barrel of oil, econometric model.
Eugenia G. Repina, Candidate of Economics, Associate Professor of Samara State University of Economics.