Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund, issuing body.
|
|---|
| ISBN: | 1455240311
9781455240319
1462370136
9781462370139
|
|---|
| ISSN: | 2227-8885
|
|---|
| Notes: | Includes bibliographical references (pages 27-30).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
|
|---|
| Summary: | This paper constructs an intertemporal general equilibrium model designed to examine an economy in transition from central planning to being market oriented. A numerical algorithm is developed to obtain a solution for the model. Simulations using stylized country-specific data examine the effects of price controls during the transition period, as well as of imposing taxes on returns to investment, and on interest earned on private savings. The paper concludes that, under certain circumstances, the taxation of investment as well as of private savings may have positive effects upon consumer welfare, if price distortions are sufficiently severe.
|
|---|
| Other form: | Print version: Feltenstein, Andrew. Fiscal policy during the demise of central planning. [Washington, D.C.] : International Monetary Fund, Research Dept., [1990]
|
|---|
| Standard no.: | 10.5089/9781455240319.001
|
|---|
