Forced Savings and Repressed Inflation in the Soviet Union : Some Empirical Results /

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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Blejer, Mario
Weitere Verfasser: Cottarelli, Carlo
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1991.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1991/055
Online Zugang:Full text available on IMF