THE DEMAND FOR MONEY AND FOR CONSUMPTION GOODS IN CENTRALLY PLANNED ECONOMIES .
The article gives estimates of household demand for money and savings functions for four centrally planned economies (CPEs). The data are post-war annual time series for Czechoslovakia, the GDR, Hungary, and Poland. The authors have specified and estimated household demand for money and savings func...
| Publicado en: | Review of Economics & Statistics Vol. 60; no. 1; pp. 8 - 19 |
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| Autores principales: | , |
| Formato: | Artículo |
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MIT Press
Feb78
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=4650940&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 4650940 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00346535 RMS jtl: Review of Economics & Statistics issn: 00346535 maglogo: N pubinfo: dt: Feb78 vid: 60 iid: 1 pid: 776 pub: MIT Press artinfo: ui: 4650940 10.2307/1924327 ppf: 8 ppct: 11 formats: tig: atl: THE DEMAND FOR MONEY AND FOR CONSUMPTION GOODS IN CENTRALLY PLANNED ECONOMIES . aug: au: Portes, Richard Winter, David affil: Birbeck College, University of London. University of Bristol. su: Demand for money Demand function Money Economic demand Savings Economic equilibrium Households Consumption (Economics) Western countries Czechoslovakia sug: subj: Czechoslovakia Demand for money Demand function Money Economic demand Savings Economic equilibrium Households Consumption (Economics) Western countries ab: The article gives estimates of household demand for money and savings functions for four centrally planned economies (CPEs). The data are post-war annual time series for Czechoslovakia, the GDR, Hungary, and Poland. The authors have specified and estimated household demand for money and savings functions in four centrally planned economies. The successful estimation of the household behavioral relations and the plausibility of the estimates support their underlying hypothesis that the behavior of the household sector in CPEs can be analyzed using the same methods that are used for this sector in Western countries. The authors believe they also testify to the quality of the data series. The results give interesting comparisons between the CPEs and with other countries-e.g., of income elasticities of demand for money, long-run savings ratios-and the CPEs exhibit reasonable parameter values. The estimated savings functions fit sufficiently well that they could be used for forecasting or planning purposes. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 1978 holdings: @attributes: islocal: N |
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