Price Liberalization in a Reforming Socialist Economy : A Search Equilibrium Approach /

A bilateral search model of the commodity market is formulated to study the effects of liberalizing prices in a reforming socialist economy. The main result is that if the competitive structure of the economy is not quickly modified to eliminate supply rents, price liberalization may be accompanied...

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প্রধান লেখক: Fanizza, Domenico
বিন্যাস: পত্রিকা
ভাষা:English
প্রকাশিত: Washington, D.C. : International Monetary Fund, 1992.
মালা:IMF Working Papers; Working Paper ; No. 1992/044
বিষয়গুলি:
অনলাইন ব্যবহার করুন:Full text available on IMF
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100 1 |a Fanizza, Domenico. 
245 1 0 |a Price Liberalization in a Reforming Socialist Economy :   |b A Search Equilibrium Approach /  |c Domenico Fanizza. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1992. 
300 |a 1 online resource (30 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a A bilateral search model of the commodity market is formulated to study the effects of liberalizing prices in a reforming socialist economy. The main result is that if the competitive structure of the economy is not quickly modified to eliminate supply rents, price liberalization may be accompanied by substantial output losses. A role for tax policy in limiting output losses is identified. 
538 |a Mode of access: Internet 
650 7 |a Constant Returns To Scale  |2 imf 
650 7 |a Lump Sum  |2 imf 
650 7 |a Market Economy  |2 imf 
650 7 |a Price Liberalization  |2 imf 
650 7 |a WP  |2 imf 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1992/044 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1992/044/001.1992.issue-044-en.xml  |z IMF e-Library