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2021 | OriginalPaper | Chapter

Criteria for Assessing the Effectiveness of Monetary Policy of the State

Authors : V. V. Kalmykov, A. A. Pomulev

Published in: Economic Systems in the New Era: Stable Systems in an Unstable World

Publisher: Springer International Publishing

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Abstract

This article investigates issues of assessing effectiveness of the monetary policy in terms of the impact on the country’s economic growth and the welfare of the population. The authors carried out comparative analysis of the relationship between money supply in the country and level of well-being of the population on the example of Russia, the USA and Germany. Special attention is paid to the search for criteria of assessing effectiveness of measures in the field of monetary policy and state programs aimed at economic growth and growth in the level of real disposable income of the population.

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Federal Reserve Act: Public Law 63–43, 63d Congress, H.R. 7837: An act to provide for the establishment of fFederal Reserve Banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes (2013). https://​fraser.​stlouisfed.​org/​title/​federal-reserve-act-966. Accessed 15 June 2020
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Semilov, N.M.: Assessment of the impact of monetary policy instruments of the Central Bank of the Russian Federation on investment processes in the Russian economy. Econ. Entrepr. 10–1(63), 146–149 (2015)
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Metadata
Title
Criteria for Assessing the Effectiveness of Monetary Policy of the State
Authors
V. V. Kalmykov
A. A. Pomulev
Copyright Year
2021
Book
Economic Systems in the New Era: Stable Systems in an Unstable World

Print ISBN: 978-3-030-60928-3

Electronic ISBN: 978-3-030-60929-0

Copyright Year: 2021

DOI
https://doi.org/10.1007/978-3-030-60929-0_74

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