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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Bibliografische gegevens
Hoofdauteur: Agenor, Pierre-Richard
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1993.
Reeks:IMF Working Papers; Working Paper ; No. 1993/047
Online toegang:Full text available on IMF