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|z 9781451847550
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|a 1018-5941
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|a BD-DhAAL
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|a Blejer, Mario.
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|a Forced Savings and Repressed Inflation in the Soviet Union :
|b Some Empirical Results /
|c Mario Blejer, Carlo Cottarelli.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1991.
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|a 1 online resource (62 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a In countries such as the Soviet Union, where wealth is mainly stored in monetary assets, the behavior of the money to income ratio is a poor indicator of the growth of undesired monetary balances (monetary overhang). In those countries a monetary overhang is primarily a wealth overhang, which has to be analyzed by evaluating deviations of actual from desired wealth holdings; this requires an empirical analysis of consumption and saving decisions. In this paper, we present estimates of a consumption function for the Soviet Union, from which an evaluation of the monetary overhang existing at the end of 1990 is derived.
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|a Mode of access: Internet
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|a Cottarelli, Carlo.
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|a IMF Working Papers; Working Paper ;
|v No. 1991/055
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1991/055/001.1991.issue-055-en.xml
|z IMF e-Library
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