ECONOMETRIC MODELING OF CENTRAL BANK REFINANCING RATE IN UZBEKISTAN
Аннотация
We know that regulation of inflation, creating a favorable environment for market economy and ensuring economic growth is an important issue in every country. To achieve these goals, the monetary policy of the Central Bank, the influence of the refinancing rate is very large. How much do factors affect the central bank's main rate? To answer these pressing questions, we conducted a scientific research. Analytical data for the research were used from the official website of the Central Bank of the Republic of Uzbekistan and the official data of the State Statistics Committee. In the study, quarterly indicators were observed for the years 2016-2022, and the number of observations was 26. In the study, regression, Cook's Distance test and Forward stepwise econometric methods were used using IBM SPSS Statistics 25 program.