A Simple Monetary Model of a Shortage Economy /

During the transition from a centrally planned economy to a market economy, many countries seem to have experienced some degree of macroeconomic instability. This paper attempts to provide a theoretical explanation of this phenomenon. The paper develops a simple monetary model and shows how macroeco...

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Hlavní autor: Lin, Shoukang
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1992.
Edice:IMF Working Papers; Working Paper ; No. 1992/069
On-line přístup:Full text available on IMF