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Models of Disequilibrium and Shortage in Centrally Planned Economies
Davis, C. M.; Charemza, Wojciech
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Description for Models of Disequilibrium and Shortage in Centrally Planned Economies
Paperback. Series: International Studies in Economic Modelling. Num Pages: 520 pages, biography. BIC Classification: KCM; PBF; PBW. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 26. Weight in Grams: 789.
The centrally planned economies (CPEs) of the Soviet Union and Eastern Europe have experienced severe imbalances in domestic and external markets over the past several decades. As a result, they have been chronically afflicted by problems such as excess demand, repressed inflation, deficits of commodities, queues, waiting lists, and forced savings. Economists have responded to these phenomena by developing appropriate theoretical and empirical models of CPEs. Of particular note have been the pioneering studies of Richard Portes on disequilibrium econometric models and Janos Kornai on the shortage economy. Each approach has attracted followers who have produced numerous, innovative macro- and ... Read more
The centrally planned economies (CPEs) of the Soviet Union and Eastern Europe have experienced severe imbalances in domestic and external markets over the past several decades. As a result, they have been chronically afflicted by problems such as excess demand, repressed inflation, deficits of commodities, queues, waiting lists, and forced savings. Economists have responded to these phenomena by developing appropriate theoretical and empirical models of CPEs. Of particular note have been the pioneering studies of Richard Portes on disequilibrium econometric models and Janos Kornai on the shortage economy. Each approach has attracted followers who have produced numerous, innovative macro- and ... Read more
Product Details
Format
Paperback
Publication date
2012
Publisher
Springer Netherlands
Number of pages
520
Condition
New
Series
International Studies in Economic Modelling
Number of Pages
520
Place of Publication
Dordrecht, Netherlands
ISBN
9789401068567
SKU
V9789401068567
Shipping Time
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Ref
99-15
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