Price Reform and Durable Goods in the Transition to a Market Economy /

The paper examines the short- and long-term effects of price liberalization in a reforming socialist economy. The analysis is based on an optimizing framework that highlights hoarding behavior and the existence of parallel goods markets. The behavior of official and parallel market prices, stock of...

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Bibliografske podrobnosti
Glavni avtor: Agenor, Pierre-Richard
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1993.
Serija:IMF Working Papers; Working Paper ; No. 1993/047
Online dostop:Full text available on IMF
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020 |z 9781451972917 
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100 1 |a Agenor, Pierre-Richard. 
245 1 0 |a Price Reform and Durable Goods in the Transition to a Market Economy /  |c Pierre-Richard Agenor. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1993. 
300 |a 1 online resource (36 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The paper examines the short- and long-term effects of price liberalization in a reforming socialist economy. The analysis is based on an optimizing framework that highlights hoarding behavior and the existence of parallel goods markets. The behavior of official and parallel market prices, stock of durables, and the velocity of money in the transition period between reform announcement and reform implementation is characterized, in the presence and absence of uncertainty about the transition date. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1993/047 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1993/047/001.1993.issue-047-en.xml  |z IMF e-Library