Add to ORKGThis paper develops a model to investigate the welfare implications of barter in Russia and other transition economies during the 1990s. We argue that barter is a welfare-improving phenomenon that acts as a defense mechanism against monetary instability. When firms react to tighter credit markets by switching to barter, the risk they face diminishes, allowing for a higher level of production.Barter, welfare, Russia, money, credit, payment system, interest rate
We build a model of imperfect competition where firms can sell for cash or in-kind payments. Barter ...
This paper reports the findings of a survey of more than 3,000 firms in 20 transition countries. It ...
Abstract: We offer a simple economic model of repeated barter to explore current economic exchange i...
This paper develops a model to investigate the welfare implications of barter in Russia and other tr...
The rapid growth of barter is one of the most surprising phenomena in Russia: As a percentage of in...
In this paper we study, both theoretically and empirically, the relationship between barter and the ...
The rise of barter and non-cash payments has become a dominant feature of the Russian transition to ...
In this paper we survey the common explanations of barter in transition economies and expose them to...
In this paper we survey the common explanations of barter in transition economies and expose them to...
This paper proposes a theoretical monetary model to inquire as to whether the growth and decline in ...
This article addresses Russia's barter economy. Using interview data, it examines the mechanics of b...
We offer a simple economic model of repeated barter to explore current economic exchange in Russia: ...
We build a model of imperfect competition where firms can sell for cash or in-kind payments. Barter ...
This paper reports the findings of a survey of more than 3,000 firms in 20 transition countries. It ...
Abstract: We offer a simple economic model of repeated barter to explore current economic exchange i...
This paper develops a model to investigate the welfare implications of barter in Russia and other tr...
The rapid growth of barter is one of the most surprising phenomena in Russia: As a percentage of in...
In this paper we study, both theoretically and empirically, the relationship between barter and the ...
The rise of barter and non-cash payments has become a dominant feature of the Russian transition to ...
In this paper we survey the common explanations of barter in transition economies and expose them to...
In this paper we survey the common explanations of barter in transition economies and expose them to...
This paper proposes a theoretical monetary model to inquire as to whether the growth and decline in ...
This article addresses Russia's barter economy. Using interview data, it examines the mechanics of b...
We offer a simple economic model of repeated barter to explore current economic exchange in Russia: ...
We build a model of imperfect competition where firms can sell for cash or in-kind payments. Barter ...
This paper reports the findings of a survey of more than 3,000 firms in 20 transition countries. It ...
Abstract: We offer a simple economic model of repeated barter to explore current economic exchange i...