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The Vanishing Barter Economy in Russia: A Test of the Virtual Economy Hypothesis? Reply to Barry Ickes

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Author Info
Marin, Dalia

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Abstract

This paper is a reply to Barry Ickes' critique of my paper “Trust versus Illusion: What is Driving Demonetization in Russia?” in which I show that the data reject Barry Ickes' Virtual Economy explanation of barter in Russia in favor of an institutional explanation based on the lack of trust.

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File URL: http://epub.ub.uni-muenchen.de/753/1/replyickes.pdf
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Paper provided by University of Munich, Department of Economics in its series Discussion Papers in Economics with number 753.

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Date of creation: Jan 2006
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Handle: RePEc:lmu:muenec:753

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Related research
Keywords: imperfect input and capital markets the virtual economy trade credit trust contract enforcement

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Find related papers by JEL classification:
D20 - Microeconomics - - Production and Organizations - - - General
G30 - Financial Economics - - Corporate Finance and Governance - - - General
O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General

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  1. Dalia Marin & Haizhou Huang & Chenggang Xu, 2004. "Financial Crisis, Economic Recovery and Banking Development in Russia, Ukraine, and Other FSU Countries," IMF Working Papers 04/105, International Monetary Fund. [Downloadable!]
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