The application of monetary incentive policy in current economic conditions

Казак, Оксана Олексіївна and Крейдич, Ірина Миколаївна and Рощина, Надія (2018) The application of monetary incentive policy in current economic conditions Baltic Journal of Economic Studies, 4 (5). pp. 129-139. ISSN 2256-0742 (PRINT) 2256-0963 (ONLINE)

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Abstract

The aim of the article is studying the process of implementation of promotional monetary policy by investigation of the functionality of the transmission mechanism channels. The paper singles out the peculiarities of the implementation of monetary policy in well-developed and developing countries. The subject of the study is: the structure of the monetary transmission mechanism; the functionalities of both traditional and non-traditional channels and their influence on promotional monetary policy are defined. An analysis of the existing structure of the transmission mechanism made it possible to determine the strength and speed of feedback between participants and the degree of influence on the real sector and to formulate appropriate proposals for its adjustment or activation. In addition, it is indicated that, under the present conditions, it is non-traditional channels that acquire special significance; also, the main factors that have shifted the priority vector in their direction are defined. Alongside this, the study presents modern modifications of promotional monetary policy and their significance for the modern economic world.

Item Type: Article
Uncontrolled Keywords: promotional monetary policy; channels of monetary transmission mechanism; structure of monetary transmission mechanism
Subjects: Статті у наукометричних базах > Index Copernicus
Статті у наукометричних базах > Web of Science
Divisions: Факультети > Факультет інформаційних технологій та управління > Кафедра фінансів та економіки
Depositing User: доцент Оксана Олексіївна Казак
Date Deposited: 19 Apr 2019 11:17
Last Modified: 19 Apr 2019 11:17
URI: http://elibrary.kubg.edu.ua/id/eprint/27097

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