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A dynamic model of soft budget-constraint

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  • Gu, Zhihui
  • Zhang, Shiyun

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  • Gu, Zhihui & Zhang, Shiyun, 2006. "A dynamic model of soft budget-constraint," Economics Letters, Elsevier, vol. 92(3), pages 301-305, September.
    • Handle: RePEc:eee:ecolet:v:92:y:2006:i:3:p:301-305
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    References listed on IDEAS

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    1. M. Dewatripont & E. Maskin, 1995. "Credit and Efficiency in Centralized and Decentralized Economies," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 62(4), pages 541-555.
    2. Guofu Tan & Justin Yifu Lin, 1999. "Policy Burdens, Accountability, and the Soft Budget Constraint," American Economic Review, American Economic Association, vol. 89(2), pages 426-431, May.
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    Cited by:

    1. Li, Lixing, 2008. "Employment burden, government ownership and soft budget constraints: Evidence from a Chinese enterprise survey," China Economic Review, Elsevier, vol. 19(2), pages 215-229, June.

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