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

Marin, Dalia (November 2004): The Vanishing Barter Economy in Russia: A Test of the Virtual Economy Hypothesis? Reply to Barry Ickes. SFB/TR 15 Discussion Paper No. 83

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.

• Dokumententyp: Paper
• Keywords: imperfect input and capital markets, the virtual economy, trade credit, trust, contract enforcement
• Fakultät: Sonderforschungsbereiche > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems ; Sonderforschungsbereiche > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems > B5 - Weltwirtschaftliche Integration und die neue Firmenorganisation ; Volkswirtschaft ; Volkswirtschaft > Lehrstühle > Seminar für Internationale Wirtschaftsbeziehungen
• Themengebiete: 300 Sozialwissenschaften > 330 Wirtschaft
• JEL Classification: D20, G30, O10, P30
• Sprache: Englisch