Ogorodnia E. The Assessment of the Effectiveness of the Central Bank's Monetary Policy

Українська версія

Thesis for the degree of Candidate of Sciences (CSc)

State registration number

0416U002335

Applicant for

Specialization

  • 08.00.08 - Гроші, фінанси і кредит

28-04-2016

Specialized Academic Board

Д 64.055.02

Simon Kuznets Kharkiv National University of Economics

Essay

The object of study: the process of assessment efficiency of the central bank's monetary policy; objective: development of theoretical positions, methodological approaches and practical recommendations to assessing and increasing the effectiveness of the central bank's monetary policy; research methods and instruments: analysis, logic synthesis, morphological analysis, content analysis, synthesis, comparative analysis, Granger test, model VAR, ECM, cognitive, simulation, impulse modeling, taxonomic and regression analysis SADT-technology; theoretical and practical results: the methodical approach to assessing the effectiveness of the central bank's monetary policy providing quantitative and qualitative measurements of its level on the basis of determining the limit valuesof indicators characterizing the strategic objectives of the central bank's monetary policy: sustainable economic development, maintaining stability of the banking system and the national currency, due to the combination of imitation and modeling impulse, cognitive approach, taxonomic analysis, scaling performance; diagnostic tools assessment of monetary policy effectiveness, based on indicators that characterize the sustainable development of the economy and have a causality with instruments of monetary policy and provides justification for their quantitative values of quality levels; the composition of the scorecard indicators of the effectiveness of the central bank's monetary policy, that accounts the formalized cause-effect relationships between indicators of sustainable development of the economy and tools of monetary policy; methodical provisions for selecting the priority areas of improving the effectiveness of the central bank's monetary policy , that accounts the change of indicators of sustainable development of the economy during the passage of pulses of the instrument of monetary policy; methodical provision for forecasting scenarios for sustainable economic development of the country taking into account the influence of the instruments of monetary policy and formalization of the relationships between the real and the financial sectors of the economy; the definition of «the effectiveness of monetary policy» in which taken into account a strategic goal of monetary policy – ensuring the sustainable economic development; degree of integration: development introduced into practice the the National Bank of Ukraine in Kharkiv region, Kharkiv Oblast Directorate of PJS CB "Pravex Bank," Regional Directorate of Kharkiv region PJS CB "STANDARD", PJS "BANK GOLDEN GATE" Simon Kuznets Kharkiv National University of Economics; scope of use: development and implementation of monetary policy, the educational process.

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