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Salary is like specific financial instrument for distribution of value added

Vol. 17, Iss. 33, SEPTEMBER 2011

Available online: 7 September 2011

Subject Heading: FINANCIAL STIMULUS

JEL Classification: 

Fetisov V.D. professor, Nizhny Novgorod, State University N.I. Lobachevski
Fetisov21@mail.ru

Fetisova T.V. associate professor, Nizhny Novgorod State University N.I. Lobachevski
FetisovaTaiyana@mail.ru

The most topical and debatable problem of modern economic science and financial practice is salary. The article substantiates the concept of salary as specific financial instrument of market economy, investigates the place and the role of salary in macroeconomics and practice, the structure, the peculiarities of salary fund forming in Russia. In conclusion, the author gives some recommendations for the modernization of using salary as financial instrument of the crisis policy.

Keywords: wage, financial instrument, modernization, crisis policy

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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