Interest rate restrictions policy: possibilities and consequences for Ukraine
| dc.contributor.author | Mertens, Alexander | |
| dc.date.accessioned | 2014-05-30T10:44:43Z | |
| dc.date.available | 2014-05-30T10:44:43Z | |
| dc.date.issued | 2014 | |
| dc.description.abstract | This paper investigates historical examples and experience o f interest rate restrictions, consequences o f such policies for economy, reasons and outcomes o f easing IIR policies as well as possibilities, possible outcomes and recommendations regarding IRR policy in Ukraine. It might be concluded that though some sort of “anti-usury ” restrictions can be reasonable, administrative regulation (ceiling) o f interest rate level will generate more negative than positive consequences for the economy and Mill unlikely be effective. Authorities shotild concentrate on more “thoughtful ” regulations which would constraint information asymmetry, provide balanced monetary policy and develop important modern segments offinancial markets. | en |
| dc.identifier.citation | Mertens, O. Interest rate restrictions policy: possibilities and consequences for Ukraine / O. Mertens. // Наукові записки НаУКМА. - 2014. - Т. 159 : Економічні науки. - С. 53-57. | uk |
| dc.identifier.uri | https://ekmair.ukma.edu.ua/handle/123456789/3029 | |
| dc.language.iso | en | uk |
| dc.relation.source | Наукові записки НаУКМА. - 2014. - Т. 159 : Економічні науки. - С. 53-57. | uk |
| dc.status | published earlier | uk |
| dc.subject | монетарна політика | uk |
| dc.subject | фінансові ринки | uk |
| dc.subject | лихварство | uk |
| dc.subject | обмеження процентних ставок | uk |
| dc.subject | interest rate restrictions | uk |
| dc.subject | monetary policy | uk |
| dc.subject | interest rate ceiling | uk |
| dc.subject | usury laws | uk |
| dc.title | Interest rate restrictions policy: possibilities and consequences for Ukraine | uk |
| dc.type | Article | uk |