Money Demand, Bank Credit, and Economic Performance in Former Socialist Economies /

This paper examines factors determining the allocation of bank credit to the enterprise sector, and the implications of this allocation for aggregate supply and macro-economic performance, in the former socialist economies. It first develops a model to explain how changes in demand for money by the...

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Bibliographic Details
Main Author: Kumar, Manmohan
Other Authors: Calvo, Guillermo
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/003
Online Access:Full text available on IMF