TY - JOUR TI - A Microeconomic Explanation for the Macroeconomic Effects of Inter-Enterprise Arrears in Post-Soviet Economies T2 - Экономический журнал ВШЭ IS - Экономический журнал ВШЭ KW - inter-enterprise arrears KW - transition period KW - microeconomic optimising behaviour AB - 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. AU - J. A. Poser UR - https://ej.hse.ru/1997-1-1/216029348.html PY - 1997 SP - 21-59 VL - 1