THE REQUIRED RESERVE RATIO AND ITS INFLUENCE ON MACROECONOMIC INDICATORS
Journal Title: International Journal of New Economics and Social Sciences - Year 2018, Vol 7, Issue 1
Abstract
The world practice of using such a tool of monetary policy as a regulation of required reserve ratio by central banks has been researched and analyzed. The influence of regulation 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 regulation 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.<br/><br/>
Authors and Affiliations
Pavlo Ilchuk, Olha Kots, Daryna Martynyuk, Viktoriya Prokopchuk
Keywords
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- EP ID EP363286
- DOI 10.5604/01.3001.0012.2548
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