0156068 - NHU-N 20033005 RIV SIGLE CZ eng V - Research Report
Noguera, Jose
Is barter a Hobson's choice? A theory of barter and credit rationing.
Praha: CERGE-EI, 2003. 22 s. CERGE-EI discussion paper series., 2003 - 107.
Institutional research plan: CEZ:AV0Z7085904
Keywords : barter * interest rate * credit rationing
Subject RIV: AH - Economics

This paper proposes a theoretical monetary model to inquire as to whether the growth and decline in barter transactions between firms in Russia during the 1990s was the result of credit rationing of firms' optimal decision.
Permanent Link: http://hdl.handle.net/11104/0053535