A Disequilibrium Macroeconomic Model of the Modified Centrally Planned Economy: Poland PDF Download
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Author: David M. Kemme
Publisher:
ISBN:
Category : Macroeconomics
Languages : en
Pages : 442
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Book Description
Author: David M. Kemme
Publisher:
ISBN:
Category : Macroeconomics
Languages : en
Pages : 442
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Book Description
Author: Richard Portes
Publisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 52
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Book Description
Author: C.M. Davis
Publisher: Springer Science & Business Media
ISBN: 9400908237
Category : Business & Economics
Languages : en
Pages : 504
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Book Description
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.
Author: Richard Portes
Publisher:
ISBN:
Category :
Languages : en
Pages : 28
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Book Description
Author: Richard Portes
Publisher:
ISBN:
Category : Macroeconomics
Languages : en
Pages : 43
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Book Description
Author: W. Charemza
Publisher: Elsevier
ISBN: 1483297470
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
The purpose of this study is to investigate interrelations between planning mechanisms and disequilibria in a case where the planning decisions are centralized and are exogenously given to enterprises. The first introductory chapter is intended to provide an understanding of Poland's economic situation during the period under research. In the next five chapters the basic model, describing the households-planners relations in terms of consumption, labour, money and plans are derived, estimated, used for calculation of excess demands, for simulation of some monetary policies, and, finally, for providing optimal control experiments in which consumption excess demand is minimized on a reasonable level of the consumption volume. In the next two chapters the basic model is gradually extended, and the last chapter summarizes the results by formulating a more effective macroeconomic policy.
Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 692
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Book Description
Author: Władysław Welfe
Publisher: Springer Science & Business Media
ISBN: 3642344682
Category : Business & Economics
Languages : en
Pages : 435
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Book Description
This book gives a comprehensive description of macroeconometric modeling and its development over time. The first part depicts the history of macroeconometric model building, starting with Jan Tinbergen's and Lawrence R. Klein's contributions. It is unique in summarizing the development and specific structure of macroeconometric models built in North America, Europe, and various other parts of the world. The work thus offers an extensive source for researchers in the field. The second part of the book covers the systematic characteristics of macroeconometric models. It includes the household and enterprise sectors, disequilibria, financial flows, and money market sectors.
Author: David M. Kemme
Publisher:
ISBN:
Category : Central planning
Languages : en
Pages : 112
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Book Description
Author: Mr.Dimitri G. Demekas
Publisher: International Monetary Fund
ISBN: 9781557751904
Category : Business & Economics
Languages : en
Pages : 50
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Book Description
This paper outlines the main characteristics and the development of the centrally planned economic sysetm in Romania before the beginnings of the transition to a market eonomy it then presents the design, objectives, and implementation of the reform program.
