Computational Controversies in Disequilibrium and Shortage Modelling of Centrally Planned Economies PDF Download
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Author: Wojciech Charemza
Publisher:
ISBN:
Category : Economics
Languages : en
Pages :
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Author: Wojciech Charemza
Publisher:
ISBN:
Category : Economics
Languages : en
Pages :
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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: Hsin Chang
Publisher:
ISBN:
Category :
Languages : en
Pages : 124
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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 124
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Book Description
Author: Richard E. Quandt
Publisher: Edward Elgar Publishing
ISBN: 9781782543176
Category : Business & Economics
Languages : en
Pages : 876
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Book Description
Professor Richard Quandt has made a major contribution to the development of economics in the 20th century. The range and significance of his work has long required a collection of his essays which will allow his contribution to be assessed as a whole. Despite an early interest in microeconomic theory, Richard Quandt has devoted most of his career to econometrics and, in particular, modal split estimation. More recently his work has focused on the econometrics of disequilibrium models with reference to both free market and planned economies. As well as outlining his many articles in microtheory, general econometrics, disequilibrium modeling, financial economics and the economics of planned economies, this collection should have a particular value for all scholars interested in the emergence of the new economies in Eastern Europe, a subject to which Professor Quandt has applied himself in recent years. This book includes an introduction by Professor Quandt describing his early life in Budapest and the circumstances which led him to study economics in America.
Author: Xin Zhang
Publisher:
ISBN:
Category :
Languages : en
Pages : 138
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Book Description
shortage is proved to be dynamically inconsistent; (4) the severity of repressed inflation in CPEs can be theoretically examined; and (5) the national incomes claimed in CPEs is shown to be exaggerated by their overestimating the value of the goods with little utilities.
Author: Wojtek charemza
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: P. Hare
Publisher: Routledge
ISBN: 1136472266
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
Examines the nature and the mode of operation of the centrally planned economy, assessing its strengths and the weaknesses that eventually led to its demise.
Author: Thomas A. Wolf
Publisher: Psychology Press
ISBN: 9780415269636
Category : Business & Economics
Languages : en
Pages : 508
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Book Description
This volume is a comprehensive collection of critical essays on The Taming of the Shrew, and includes extensive discussions of the play's various printed versions and its theatrical productions. Aspinall has included only those essays that offer the most influential and controversial arguments surrounding the play. The issues discussed include gender, authority, female autonomy and unruliness, courtship and marriage, language and speech, and performance and theatricality.
Author: Batara Simatupang
Publisher: Routledge
ISBN: 1134880855
Category : Business & Economics
Languages : en
Pages : 218
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Book Description
Simatupang examines the circumstances that led to the revolution of 1989, primarily the economic slump of the 1980s and the severe recession that preceeded it, and its effects on the Polish people.
