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- W3122456357 abstract "Abstract This paper develops a model to investigate the welfare implications of barter in Russia and other transition economies during the 1990s. We argue that barter is a welfare‐improving phenomenon that acts as a defence mechanism against monetary instability. When firms react to tighter credit markets by switching to barter, the risk they face diminishes, allowing for a higher level of production." @default.
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- W3122456357 date "2006-09-28" @default.
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- W3122456357 title "Barter, credit and welfare." @default.
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- W3122456357 doi "https://doi.org/10.1111/j.1468-0351.2006.00270.x" @default.
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