Fiscal policy during the demise of central planning : the transition to a market economy /

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...

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Bibliographic Details
Main Author: Feltenstein, Andrew (Author)
Format: Book
Language:English
Published: [Washington, D.C.] : International Monetary Fund, Research Department, [1990]
Washington, D.C. : International Monetary Fund, 1990
[Place of publication not identified] : 1990
Series:IMF Working Papers ; Working Paper No. 90/92
IMF Working Papers; Working Paper ; No. 1990/092
IMF eLibrary
IMF working paper ; WP/90/92
Subjects:
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100 1 |a Feltenstein, Andrew 
100 1 |a Feltenstein, Andrew,  |e author 
245 1 0 |a Fiscal policy during the demise of central planning :  |b the transition to a market economy /  |c prepared by Andrew Feltenstein 
260 |a [Washington, D.C.] :  |b International Monetary Fund, Research Department,  |c [1990] 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1990 
264 1 |a [Place of publication not identified] :  |b International Monetary Fund,  |c 1990 
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504 |a Includes bibliographical references (pages 27-30) 
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506 |a License restrictions may limit access 
506 |a Restricted for use by site license 
506 |a Restricted for use by site license.  
520 3 |a 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 
533 |a Electronic reproduction  |b [S.l.] :  |c HathiTrust Digital Library,  |d 2010.  |5 MiAaHDL 
538 |a 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  |u http://purl.oclc.org/DLF/benchrepro0212  |5 MiAaHDL 
546 |a English 
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588 |a Description based on print version record 
588 0 |a Print version record 
650 0 |a Central planning 
650 4 |a Budget constraint 
650 4 |a Budget constraints 
650 4 |a Budget deficit 
650 4 |a Budget deficits 
650 4 |a Budget surplus 
650 4 |a Cash balances 
650 4 |a Fiscal issues 
650 4 |a Fiscal policies 
650 4 |a Fiscal policy 
650 4 |a Fiscal regimes 
650 4 |a Government expenditure 
650 4 |a Government expenditures 
650 4 |a Government revenue 
650 4 |a Government spending 
650 4 |a Investment function 
650 4 |a Labor income 
650 4 |a Labor inputs 
650 4 |a National accounts 
650 4 |a Net return 
650 4 |a Price control 
650 4 |a Price controls 
650 4 |a Private savings 
650 4 |a Public finance 
650 4 |a Public spending 
650 4 |a Tax rate 
650 4 |a Tax rates 
650 4 |a Tax revenue 
650 4 |a Tax revenues 
650 4 |a Taxation 
650 6 |a Politique fiscale 
650 7 |a Central planning  |2 fast 
650 7 |a Consumption  |2 imf 
650 7 |a Deflation  |2 imf 
650 7 |a Economics  |2 imf 
650 7 |a Financial Instruments  |2 imf 
650 7 |a Financial institutions  |2 imf 
650 7 |a Fiscal Policy  |2 imf 
650 7 |a Fiscal policy  |2 imf 
650 7 |a Government policy  |2 imf 
650 7 |a Inflation  |2 imf 
650 7 |a Institutional Investors  |2 imf 
650 7 |a Investment & securities  |2 imf 
650 7 |a Investments: Stocks  |2 imf 
650 7 |a Labor Economics: General  |2 imf 
650 7 |a Labor economics  |2 imf 
650 7 |a Labor  |2 imf 
650 7 |a Labour  |2 imf 
650 7 |a Macroeconomics  |2 imf 
650 7 |a Macroeconomics: Consumption  |2 imf 
650 7 |a National accounts  |2 imf 
650 7 |a Non-bank Financial Institutions  |2 imf 
650 7 |a Pension Funds  |2 imf 
650 7 |a Price Level  |2 imf 
650 7 |a Price controls  |2 imf 
650 7 |a Prices  |2 imf 
650 7 |a Public Finance  |2 imf 
650 7 |a Saving  |2 imf 
650 7 |a Stocks  |2 imf 
650 7 |a Wealth  |2 imf 
650 7 |a income economics  |2 imf 
651 4 |a Poland 
651 4 |a Saint Lucia 
651 7 |a China, People's Republic of  |2 imf 
700 1 |a Feltenstein, Andrew 
710 2 |a International Monetary Fund,  |e issuing body 
776 0 8 |a Print Version:  |z 9781451951417 
776 0 8 |i Print Version:  |a Feltenstein, Andrew  |t Fiscal Policy During the Demise of Central Planning: The Transition to a Market Economy  |d Washington, D.C. : International Monetary Fund, 1990.  |z 9781455294916 
776 0 8 |i Print version:  |a Feltenstein, Andrew  |t Fiscal policy during the demise of central planning.  |d [Washington, D.C.] : International Monetary Fund, Research Dept., [1990]  |w (OCoLC)23826247 
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