Index number biases during price liberalization /
When a formerly centrally-planned economy frees prices and allows or compels producers to respond to market signals, conventional measures tend to severely overstate short-run output decline and inflation. In part the overstatement stems from neglect of private sector activity, or from belated recog...
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| Main Author: | |
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| Format: | Book |
| Language: | English |
| Published: |
[Washington, D.C.?] :
International Monetary Fund, Research Department,
1991
Washington, D.C. : International Monetary Fund, 1991 |
| Series: | IMF Working Papers ;
Working Paper No. 91/76 IMF Working Papers; Working Paper ; No. 1991/076 IMF eLibrary IMF working paper ; WP/91/76 |
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