 | Political Feasibility and Investment in Economic Transformations Author/Editor: Peter Isard, Joshua Aizenman. Release Date:July, 1993 The paper characterizes the feasibility of economic transformation as requiring the simultaneous attainment of macroeconomic stability, political support, and adequate private investment. more...
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| Resource Allocation During the Transition to a Market Economy : Policy Implications of Supply Bottlenecks and Adjustment Costs Author/Editor: Peter Isard, Joshua Aizenman. Release Date:February, 1993 The paper discusses the case against a laissez faire approach to resource allocation and develops a model of supply bottlenecks. It argues that: (1) once budget constraints are hardened and credit more...
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| Exchange Rates, Country Preferences, and Gold Author/Editor: Peter Isard, Mark P Taylor, Michael P Dooley. Release Date:July, 1992 This paper provides indirect tests of the hypothesis that exchange rate movements may be largely coterminus with changes in preferences for holding claims on different countries. It is argued that more...
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 | Policy Issues in the Evolving International Monetary System Author/Editor: Mark P Taylor, Peter Isard, Morris Goldstein, Paul R Masson. Release Date:June, 1992 How can international monetary stability be promoted? This study looks at ways to bolster economic policies and coordination among the industrial countries serving as nominal anchors for the world more...
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| Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations Author/Editor: Peter Isard, Michael P Dooley. Release Date:November, 1991 This note addresses various types of incentives that must be established before a market economy can function effectively. It also argues that the enormous challenge of restructuring large industrial more...
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| Uncovered Interest Parity Author/Editor: Peter Isard. Release Date:May, 1991 This note provides an overview of the uncovered interest parity assumption. It traces the history of the interest parity concept, summarizes evidence on the empirical validity of uncovered interest more...
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| Currency Convertibility and the Transformation of Centrally Planned Economies Author/Editor: Joshua E Greene, Peter Isard. Release Date:March, 1991 This paper examines the problems in establishing currency convertibility- and the optimal timing- in formerly planned economies making the transition to market-oriented systems. more...
| Price: $10.00
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