ECONOMIC EQUILIBRIUM AND MONETARY POLICY
The problem of economic equilibrium as a theoretical basis of monetary policy has been considered. It has been noted, that it is necessary to take into account the state of imbalance in the economy and the factors of market failure. The conclusion has been made, that it is important to focus on hybr...
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Format: | Article |
Language: | English |
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Publishing House of the State University of Management
2019-09-01
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Series: | Вестник университета |
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Online Access: | https://vestnik.guu.ru/jour/article/view/1620 |
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author | V. Krilov |
author_facet | V. Krilov |
author_sort | V. Krilov |
collection | DOAJ |
description | The problem of economic equilibrium as a theoretical basis of monetary policy has been considered. It has been noted, that it is necessary to take into account the state of imbalance in the economy and the factors of market failure. The conclusion has been made, that it is important to focus on hybrid forms of monetary policy, which means the use of different combinations of target reference points. The need is implied from this for a more flexible approach to the formation of modern policy of the Bank of Russia, which would not absolutize the regime of inflation targeting. |
format | Article |
id | doaj-art-45aa78f34f6949b2a2f4b8cbda914004 |
institution | Kabale University |
issn | 1816-4277 2686-8415 |
language | English |
publishDate | 2019-09-01 |
publisher | Publishing House of the State University of Management |
record_format | Article |
series | Вестник университета |
spelling | doaj-art-45aa78f34f6949b2a2f4b8cbda9140042025-02-04T08:28:00ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152019-09-011715215610.26425/1816-4277-2019-7-152-1561442ECONOMIC EQUILIBRIUM AND MONETARY POLICYV. Krilov0State University of ManagementThe problem of economic equilibrium as a theoretical basis of monetary policy has been considered. It has been noted, that it is necessary to take into account the state of imbalance in the economy and the factors of market failure. The conclusion has been made, that it is important to focus on hybrid forms of monetary policy, which means the use of different combinations of target reference points. The need is implied from this for a more flexible approach to the formation of modern policy of the Bank of Russia, which would not absolutize the regime of inflation targeting.https://vestnik.guu.ru/jour/article/view/1620economic equilibriumnon-equilibrium economymarket failuremonetary policyinflation targeting regimeregulation of key rate and money supply |
spellingShingle | V. Krilov ECONOMIC EQUILIBRIUM AND MONETARY POLICY Вестник университета economic equilibrium non-equilibrium economy market failure monetary policy inflation targeting regime regulation of key rate and money supply |
title | ECONOMIC EQUILIBRIUM AND MONETARY POLICY |
title_full | ECONOMIC EQUILIBRIUM AND MONETARY POLICY |
title_fullStr | ECONOMIC EQUILIBRIUM AND MONETARY POLICY |
title_full_unstemmed | ECONOMIC EQUILIBRIUM AND MONETARY POLICY |
title_short | ECONOMIC EQUILIBRIUM AND MONETARY POLICY |
title_sort | economic equilibrium and monetary policy |
topic | economic equilibrium non-equilibrium economy market failure monetary policy inflation targeting regime regulation of key rate and money supply |
url | https://vestnik.guu.ru/jour/article/view/1620 |
work_keys_str_mv | AT vkrilov economicequilibriumandmonetarypolicy |