Monetary Overhang and Reforms in the 1940s

The monetary overhang, pervasive with price controls and shortages in Eastern Europe and the Soviet Union, offers close parallels to the post-1945 picture of Europe. At that time monetary reform was used in many countries, in one form or another, to bring liquid assets in line with the prevailing level of prices. This paper reviews that experience and explores the lessons for today.

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Year of publication:	1990-10
Authors:	Dornbusch, Rudiger ; Wolf, Holger C
Institutions:	C.E.P.R. Discussion Papers
Subject:	Monetary Overhang \| Monetary Reform \| Reconstruction

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Extent:	application/pdf
Series:	CEPR Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 464
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005661987