Title of article
A dynamic model of soft budget-constraint
Author/Authors
Zhihui Gu، نويسنده , , Shiyun Zhang، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
5
From page
301
To page
305
Abstract
We study the soft budget-constraint by dynamic models and conclude that the soft budget-constraint originated in the investment activities do not match the profit function, and policy burdens will intensify the soft budget-constraint.
Keywords
Policy burdens , Soft budget-constraint , Dynamic model
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
436009
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