Russian Demonetization (notice n° 206485)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01092cam a2200169 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250112052439.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Brana, Sophie |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Russian Demonetization |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2001.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 55 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | The increase in non-monetary payments in Russia is the output of both a tight monetary policy and the persistence of the soft budget constraint. The State, by allowing fiscal arrears and in-kind payments, and the enterprises, by using wage arrears as a way of accommodating the budget constraint, make a short term arbitrage which favours the level of employment and further delay in restructuring. Unemployment is positively correlated in the long run with fiscal and wage arrears, but in the short run, any increase in the latter has a positive impact on the fluctuation of employment. Classification JEL: E5 P2 |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Maurel, Mathilde |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue économique | 52 | 4 | 2001-07-01 | p. 841-859 | 0035-2764 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-economique-2001-4-page-841?lang=en">https://shs.cairn.info/journal-revue-economique-2001-4-page-841?lang=en</a> |
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