SHORTAGE, REPRESSED INFLATION, AND DISTORTED GROWTH: A GENERAL DISEQUILIBRIUM MODEL OF CENTRALLY PLANNED ECONOMIES.
Author | : Xin Zhang |
Publisher | : |
Total Pages | : 138 |
Release | : 1989 |
ISBN-10 | : OCLC:68235061 |
ISBN-13 | : |
Rating | : 4/5 (61 Downloads) |
Book Synopsis SHORTAGE, REPRESSED INFLATION, AND DISTORTED GROWTH: A GENERAL DISEQUILIBRIUM MODEL OF CENTRALLY PLANNED ECONOMIES. by : Xin Zhang
Download or read book SHORTAGE, REPRESSED INFLATION, AND DISTORTED GROWTH: A GENERAL DISEQUILIBRIUM MODEL OF CENTRALLY PLANNED ECONOMIES. written by Xin Zhang and published by . This book was released on 1989 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: shortage is proved to be dynamically inconsistent; (4) the severity of repressed inflation in CPEs can be theoretically examined; and (5) the national incomes claimed in CPEs is shown to be exaggerated by their overestimating the value of the goods with little utilities.