English, Article edition: MONETARY OVERHANG: DO CENTRALLY PLANNED ECONOMIES HAVE EXCESSIVE MONEY STOCKS? GENE HSIN CHANG

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Physical Description
  • article
Language
  • English

Edition details

Title
  • MONETARY OVERHANG: DO CENTRALLY PLANNED ECONOMIES HAVE EXCESSIVE MONEY STOCKS?
Author
  • GENE HSIN CHANG
Physical Description
  • article
Notes
  • "This paper investigates the issue of monetary overhang in centrally planned economies (CPEs). The analysis compares the money stocks in CPEs with those in market economy counterparts. Contrary to conventional belief, the findings here suggest that the money stocks in traditional CPEs do not tend to be excessive. This implies that CPEs suffer more from structural distortion than from monetary overhang in their traditional stage". Copyright 1994 Western Economic Association International.
  • RePEc:bla:coecpo:v:12:y:1994:i:3:p:79-90
Language
  • English
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