Monetary Overhang and Reforms in the 1940s

Rüdiger Dornbusch and Holger C Wolf

No 464, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: 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.

Keywords: Monetary Overhang; Monetary Reform; Reconstruction (search for similar items in EconPapers)
Date: 1990-10
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=464 (application/pdf)

Related works:
Working Paper: Monetary Overhang and Reforms in the 1940s (1990)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:464

Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... pers/dp.php?dpno=464

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().