Cyclical Conditions of Monetary Policy

Igor Yu. Varjas ()
Additional contact information
Igor Yu. Varjas: Financial Research Institute, Moscow, Russia

Finansovyj žhurnal — Financial Journal, 2015, issue 4, 53-61

Abstract: The article offers the concept of economic cycles and stages composition registration for co-ordination of fiscal and refinancing policies in dramatically changing conditions of economic development. As an example the author uses the time series of investments in capital assets; it is assumed that fiscal policy and the policy of refinancing are directed to finance the economy, but are not identical, being different in particular cyclicality. The article discusses the assumption that provided taking into account parameters of borrowing to overcome dysfunctions of the budget, fiscal policy contains a procyclicality component.

Keywords: economic cycles; fiscal policy; monetary policy; finances; public debt (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.nifi.ru/images/FILES/Journal/Archive/2015/4/statii/06.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:150406:p:53-61

Access Statistics for this article

Finansovyj žhurnal — Financial Journal is currently edited by Vladimir S. Nazarov

More articles in Finansovyj žhurnal — Financial Journal from Financial Research Institute, Moscow 125375, Russia Contact information at EDIRC.
Bibliographic data for series maintained by Gennady Ageev ().