# Business cycle policy, (economic) stabilization policy

- Canonical URL: https://www.gerhardmerk.de/business-cycle-policy-economic-stabilization-policy
- Post ID: 590245
- Modified: 2023-07-25T20:58:45+00:00
- Language: en

## Definition

Measures taken by government economic policy to smooth the business cycle and thus facilitate and stabilize economic growth. Of course, these measures have a chance of success only if the monetary measure remains unchanged. - Economic policy is always the responsibility of the government, which is supported by the parliamentary majority. For reasons of constitutional law, it cannot be placed in the hands of a central bank that is independent of parliamentary control. Moreover, monetary policy does not have the instruments to shape economic policy. - See targeting, unidirectional, fiscal policy, monetary policy, business cycle, poltergeist, price level control, forecasting model. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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