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Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy

Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy »

Volume/Issue: 1989/59

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 July 1989

DOI: http://dx.doi.org/10.5089/9781451965599.001

ISBN: 9781451965599

Keywords: inflation, wage, inflationary gap, wage rate, wages

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 l...

Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy

Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy »

Source: Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy

Volume/Issue: 1989/59

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 July 1989

ISBN: 9781451965599

Keywords: inflation, wage, inflationary gap, wage rate, wages

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 l...