Discretion versus rules in fiscal and monetary policies

The article studies the dilemma of the application of discretionary measures and rules (automatic mechanisms) in economic policy. On the basis of international experience the author has made the conclusion about the active use of fiscal and monetary rules in the practice of state regulation of econo...

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Bibliographic Details
Main Author: T.G. Savchenko
Format: Article
Language:English
Published: Zhytomyr State Technological University 2015-09-01
Series:Vìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki
Subjects:
Online Access:http://ven.ztu.edu.ua/article/view/56278