Monetary Policy and Inter-Enterprise Arrears in Russia

Slobodkine, Mikhail (November 1997) Monetary Policy and Inter-Enterprise Arrears in Russia. Former Series > Reihe Osteuropa / East European Series 49


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Abstract: The role and influence of inter-enterprise arrears on Russian economy and implications for the monetary policy are considered. A brief overview of major trends in inter-enterprise arrears development in Russia is given. The reciprocal nature of arrears and strong correlation between the overdue receivables and the overdue payables of the enterprise are emphasized. Money demand interpretation of arrears accumulation and expectations based arrears-inflation mechanism are introduced.;

Item Type: IHS Series
Keywords: 'Monetary Policy' 'Credit Markets' 'Economies in Transition'
Classification Codes (e.g. JEL): P20, E52
Date Deposited: 26 Sep 2014 10:36
Last Modified: 01 Apr 2016 14:10

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