MONETARY POLICY

DZIUBLIUK Oleksandr ¹, ZABCHUK Galyna Mykhaylivna

¹Ternopil National Economic University
OrcID ID : https://orcid.org/0000-0002-4967-823X

Efficiency of central bank monetary influence on credit stimulation of domestic output

The efficiency of NBU monetary instruments in bank lending to stimulate the development of output are estimated. Recommendations on improving the instruments of NBU monetary policy and strengthening their impact on banks’ lending activity are provided.

Keywords:monetary instruments, monetary policy, required reserves ratio, refinancing of commercial banks.

JEL:

DZIUBLIUK O. . Efficiency of central bank monetary influence on credit stimulation of domestic output / O. . DZIUBLIUK, G. M. ZABCHUK // Фінанси України. - 2012. - № 7. - C. 17-27.