Price Liberalization, Money Growth, and Inflation During the Transition to a Market Economy

Price Liberalization, Money Growth, and Inflation During the Transition to a Market Economy
This paper examines the influence of economic liberalization and monetary growth on inflation during the transition from central plan to market. It concludes that price decontrol had a substantial, one-time effect on the price level but no lasting effect on inflation; that economic liberalization broadly defined may have helped dampen price... READ MORE...

Publication date: June 1999
ISBN 9781451849851
$15.00

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