UID:
almafu_9958132096402883
Format:
1 online resource (200 p.)
ISBN:
1-4832-9747-0
Series Statement:
Contributions to Economic Analysis ; 159
Content:
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 p
Note:
Description based upon print version of record.
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Front Cover; Plans and Disequilibria in Centrally Planned Economies: (Empirical Investigation for Poland); Copyright Page; Introduction to the Series; Table of Contents; Preface; Part 1: Foundations; Chapter 1. Background: Facts and figures from Polish economic history; Chapter 2. The theoretical model; 2.1. Households' behaviour and expectations; 2.2. State sector behaviour; 2.3. Disequilibrium indicators; Part 2: Consumption-Labour-Money Analysis; Chapter 3. Econometric model and its estimation; 3.1. Structural form and statistical data; 3.2. Respecification and preliminary estimation
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3.3. Final estimation3.4. Linearization; Chapter 4. Estimates of disequilibria and their effects; 4.1. Estimates of unconditional disequilibria; 4.2. Measures of repressed inflation; 4.3. Excess demand decomposition and estimates of conditional disequilibria; Chapter 5. Internal monetary policies; 5.1. Policy simulations: Some theoretical and technical questions; 5.2. A simple PW policy; 5.3. Planning distance and expectations errors; 5.4. PW(B) policy and labour hoardings; 5.5. Change of currency: Was it a solution?; Chapter 6. Searching for an optimal monetary policy
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6.1. Disequilibrium neutralization as an optimal control problem6.2. Households' optimal income and money policies; 6.3. Optimal policies and plans; Part 3: Extensions; Chapter 7. Disequilibria and investments: Some inward policies; 7.1. Production and investments: First extension of the model; 7.2. Inward effects of the PWH(B) policy: Consumption volume and planners' tensions; 7.3. Direct interventions in investment: Smoothing and private economy problem; 7.4. Under- and over investment in a long-run; Chapter 8. Disequilibria and foreign trade : Some external policies
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8.1. Foreign trade: A further extension of the model8.2. Constant foreign debt isolated policy; 8.3. Constant foreign debt and CMEA active policy; Chapter 9. Summary and conclusions: The best ex-post scenario?; Appendix; References; List of Tables; Author Index; Subject Index
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English
Additional Edition:
ISBN 1-322-47249-1
Additional Edition:
ISBN 0-444-70100-1
Language:
English
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