@ARTICLE{26543120_216029348_1997, author = {J. A. Poser}, keywords = {, inter-enterprise arrears, transition periodmicroeconomic optimising behaviour}, title = {A Microeconomic Explanation for the Macroeconomic Effects of Inter-Enterprise Arrears in Post-Soviet Economies}, journal = {Экономический журнал ВШЭ}, year = {1997}, volume = {1}, number = {1}, pages = {21-59}, url = {https://ej.hse.ru/1997-1-1/216029348.html}, publisher = {}, abstract = {This paper has therefore made an effort to give a microeconomic explanation of the accumulation of arrears and to analyse their-relationship with other macroeconomic aggregates. In addition to that, the impact of distinct policy measures has been derived within the framework of the model. Although the paper takes a very special view by making some quite heroic assumption, the conclusions from our analysis fit quite well into the post-Soviet reality.}, annote = {This paper has therefore made an effort to give a microeconomic explanation of the accumulation of arrears and to analyse their-relationship with other macroeconomic aggregates. In addition to that, the impact of distinct policy measures has been derived within the framework of the model. Although the paper takes a very special view by making some quite heroic assumption, the conclusions from our analysis fit quite well into the post-Soviet reality.} }