A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia /
This paper presents a general equilibrium model of interenterprise arrears, characterized by n-stage production technology with random productivity shocks. The model shows that large interenterprise arrears in transition economies may reflect substantial business risks in those countries and that ra...
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| Format: | Revija |
| Jezik: | English |
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Washington, D.C. :
International Monetary Fund,
1995.
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| Serija: | IMF Working Papers; Working Paper ;
No. 1995/145 |
| Online dostop: | Full text available on IMF |