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...
Autor Principal: | |
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Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
1992.
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Series: | IMF Working Papers; Working Paper ;
No. 1992/069 |
Acceso en liña: | Full text available on IMF |