ECONOMIC NATURE OF BANK INTEREST: HISTORICAL RETROSPE

This paper provides retrospective analysis of the main views on the nature percent of interest. Different justification interest origin, its role in the development of credit relations are summarized. Generalization of the main provisions of the various theories allowed distinguishing conditions tha...

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Bibliographic Details
Main Authors: L. Lazebnyk, N. Dumenko
Format: Article
Language:deu
Published: Publishing Center "Kyiv University" 2014-09-01
Series:Vìsnik. Kiïvsʹkogo Nacìonalʹnogo Unìversitetu ìmenì Tarasa Ševčenka. Ekonomìka
Subjects:
Online Access:http://bulletin-econom.univ.kiev.ua/wp-content/plugins/download-attachments/includes/download.php?id=1907
Description
Summary:This paper provides retrospective analysis of the main views on the nature percent of interest. Different justification interest origin, its role in the development of credit relations are summarized. Generalization of the main provisions of the various theories allowed distinguishing conditions that affect the current bank interest, including supply and demand for loan capital, the inflation rate, the discount rate of the central bank, the level of expected profit, the price of existing resources or the refusal of the price of liquidity etc. These positions are important in the further study of the bank interest and economic processes associated with it.
ISSN:1728-2667
2079-908X