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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Autor principal: Blejer, Mario
Altres autors: Cottarelli, Carlo
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1991.
Col·lecció:IMF Working Papers; Working Paper ; No. 1991/055
Accés en línia:Full text available on IMF