Forced Savings and Repressed Inflation in the Soviet Union : Some Empirical Results

Some Empirical Results

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 be analyzed by evaluating deviations of actual... READ MORE...

Publication date: June 1991
ISBN 9781451847550
$15.00

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