Marin, Dalia; Kaufmann, Daniel; Gorochovskij, Bogdan - 2000
data on 165 barter deals in Ukraine in 1997. The evidence does not support the notion that soft budget constraints, lack of … with the incidence of barter in Ukraine. We then explore an alternative explanation of barter as a mechanism to address … pitfalls of expansionary monetary policy in barter economies such as Ukraine and Russia. …