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...
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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
1991.
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Collection: | IMF Working Papers; Working Paper ;
No. 1991/055 |
Accès en ligne: | Full text available on IMF |