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Le troc en Russie. Un problème de liquidité ou de solvabilité ?

Author

Listed:
  • Mathilde Maurel

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Sophie Brana

    (Larefi - Université Montesquieu - Bordeaux 4)

Abstract

Le troc en Russie est engendré par une contrainte de liquidité qui diffère selon la situation économique des entreprises. Pour celles dont la situation financière est relativement bonne mais qui sont confrontées à des problèmes d'anti-sélection et n'ont pas accès au crédit bancaire, il agit comme un substitut au crédit bancaire de court terme. En revanche, les firmes endettées l'utilisent comme moyen de finance­ment externe, évitant ainsi des restructurations coûteuses (...).

Suggested Citation

  • Mathilde Maurel & Sophie Brana, 2000. "Le troc en Russie. Un problème de liquidité ou de solvabilité ?," Post-Print hal-01011194, HAL.
  • Handle: RePEc:hal:journl:hal-01011194
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-01011194
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    JEL classification:

    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation

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