Politická ekonomie 1997, 45(2):225-238 | DOI: 10.18267/j.polek.276

Makroekonomické efekty platební neschopnosti: dynamický model

Aleš Bulíř

Macroeconomic Effects of Insolvency: Dynamic Model

The epidemic growth of insolvency in time prior to reformation and its inherence in transforming economies took an economist by surprise. The article is trying to formulate a general dynamics model of close economy. The results are compared with the development of the Czech economy in time prior to reformation (1976-1989). The goal of model is depicted as an mutually dependency between monetary and fiscal policy of government in a planned economy and autonomy development of supply against a development of insolvency on the other side.

Published: April 1, 1997  Show citation

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Bulíř, A. (1997). Macroeconomic Effects of Insolvency: Dynamic Model. Politická ekonomie, 45(2), 225-238. doi: 10.18267/j.polek.276
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