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Macroeconomic Equilibrium And Disequilibrium In Centrally Planned Economies


Macroeconomic Equilibrium And Disequilibrium In Centrally Planned Economies
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Macroeconomic Equilibrium And Disequilibrium In Centrally Planned Economies


Macroeconomic Equilibrium And Disequilibrium In Centrally Planned Economies
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Author : Richard Portes
language : en
Publisher:
Release Date : 1978

Macroeconomic Equilibrium And Disequilibrium In Centrally Planned Economies written by Richard Portes and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Economic policy categories.




The Theory And Measurement Of Macroeconomic Disequilibrium In Centrally Planned Economies


The Theory And Measurement Of Macroeconomic Disequilibrium In Centrally Planned Economies
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Author : Richard Portes
language : en
Publisher:
Release Date : 1986

The Theory And Measurement Of Macroeconomic Disequilibrium In Centrally Planned Economies written by Richard Portes and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Macroeconomics categories.




Models Of Disequilibrium And Shortage In Centrally Planned Economies


Models Of Disequilibrium And Shortage In Centrally Planned Economies
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Author : C.M. Davis
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Models Of Disequilibrium And Shortage In Centrally Planned Economies written by C.M. Davis and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


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 microeconomic models of Poland, Czechoslovakia, the German Democratic Republic, Hungary, and the USSR. These models have proved to be of considerable value in the analysis of the causes, consequences and remedies of disequilibrium phenomena. Inevitably, the new research has also generated controversies both between and within the schools of shortage and disequilibrium modelling, concerning the fundamental nature of the socialist economy, theoretical concepts and definitions, the specification of models, estimation techniques, interpretation of empirical findings, and policy recommend ations. Furthermore, the research effort has been energetic but incomplete, so many gaps exist in the field.



Macroeconomic Equilibrium And Disequilibrium In Centrally Planned Economics


Macroeconomic Equilibrium And Disequilibrium In Centrally Planned Economics
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Author : Richard Portes
language : en
Publisher:
Release Date : 1976

Macroeconomic Equilibrium And Disequilibrium In Centrally Planned Economics written by Richard Portes and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with categories.




Equilibrium And Disequilibrium In Economic Theory


Equilibrium And Disequilibrium In Economic Theory
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Author : G. Schwödiauer
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Equilibrium And Disequilibrium In Economic Theory written by G. Schwödiauer and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Social Science categories.


This volume is the result of a conference held at the Institute for Advanced Studies, Vienna. There is still a gap reflected both in fundamental meth odological differences and in the style of analysis between the Walrasian (and Edgeworthian) tradition of general equilibrium theory and the theo retical and policy problems raised in the framework of Keynesian and post-Keynesian macroeconomics. The conference succeeded in bringing together economic theorists working in fields ranging from abstract prob lems of mathematical equilibrium analysis to applied macroeconomic theory, and it is hoped that the present volume will contribute to bridging the above-mentioned hiatus. As organizer of the meeting and editor of its proceedings I want to thank the Institute for Advanced Studies for providing facilities and funds. I am also sincerely grateful to all my colleagues from the Institute for their generous help, in particular to Mrs Monika Herkner without whose assistance and organizational talent the conference would certainly not have been the success it in fact - in the opinion of all participants - turned out to have been. Furthermore, I wish to express my gratitude towards all participants in the meeting and contributors to the volume whose patient support of the whole enterprise proved indispensable. To Mrs Elfriede Auracher I am deeply indebted for her skillful and effective general management of the editorial work and her invaluable assistance in compiling the indexes.



A Macroeconomic Theory Of Centrally Planned Economies


A Macroeconomic Theory Of Centrally Planned Economies
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Author : Barry William Ickes
language : en
Publisher:
Release Date : 1984

A Macroeconomic Theory Of Centrally Planned Economies written by Barry William Ickes and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with categories.




Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy


Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1989-07-26

Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-07-26 with Business & Economics categories.


This paper analyzes the inflationary process in a centrally planned economy which has an uncontrolled market where prices can move more freely. The maintenance of controls over prices and rationing in the economy leads to the emergence of forces that generate inflation in the uncontrolled market, and that cause shrinkage of the controlled economy as resources move into the uncontrolled market. Decontrol of prices and production of the controlled market is the optimal policy. The adoption of this policy facilitates an increase in income and aggregate demand, which raises the equilibrium prices and total production in the economy.



The Economics Of Market Disequilibrium


The Economics Of Market Disequilibrium
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Author : Jean-Pascal Bénassy
language : en
Publisher:
Release Date : 1982

The Economics Of Market Disequilibrium written by Jean-Pascal Bénassy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Business & Economics categories.


Microeconomics; Market equilibrium and disequilib rium; Disequilibrium trading and quantity signals; Effective demand: A first approach; Effective demand and spillover effects; Price making; Non-Walrasian equilibrium concepts; The general framework; Fixprice equilibria; Expectations and temporary fixprice equilibria; Temporary equilibria with price makers; Efficiency; Macroeconomics; A model of unemployment; Unemployment and expectations; A model of unemployment with flexible price; A model of inflation.



A General Framework For Disequilibrium Modelling


A General Framework For Disequilibrium Modelling
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Author : Christopher Martin (economist.)
language : en
Publisher:
Release Date : 1985

A General Framework For Disequilibrium Modelling written by Christopher Martin (economist.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with categories.




The Disequilibrium Model In A Controlled Economy


The Disequilibrium Model In A Controlled Economy
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Author : David H. Howard
language : en
Publisher:
Release Date : 1979

The Disequilibrium Model In A Controlled Economy written by David H. Howard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Equilibrium (Economics) categories.