THE REQUIRED RESERVE RATIO AND ITS INFLUENCE ON MACROECONOMIC INDICATORS
THE REQUIRED RESERVE RATIO AND ITS INFLUENCE ON MACROECONOMIC INDICATORS
Author(s): Pavlo Ilchuk, Olha Kots, Daryna Martynyuk, Viktoriya ProkopchukSubject(s): Economy
Published by: Międzynarodowy Instytut Innowacji "Nauka - Edukacja - Rozwój"
Keywords: central bank; monetary policy; required reserve ratio; impact; macroeconomic indicators
Summary/Abstract: The world practice of using such a tool of monetary policy as the regulation of required reserve ratio by central banks has been researched and analyzed. The influence of regu-lation of required reserve ratio on macroeconomic indicators has been identified. The hypothesis of the possibility of using the long-term money supply law for monetary regu-lation of the economy and the effectiveness of the instrument for regulating required reserve ratio for achieving the monetary policy objectives of the central banks is proved.
Journal: International Journal of New Economics and Social Sciences IJONESS
- Issue Year: 7/2018
- Issue No: 1
- Page Range: 63-75
- Page Count: 13
- Language: English
