Despre rolul stimulentelor în producerea, explicarea şi rezolvarea crizei economice
AbstractThe crisis shows a lack of coordination among entrepreneurial plans. The current crisis was possible due to the existing institutional framework introduced perverse incentives. They refer not only to specific State measures that have externalized the real cost of certain business activities, making them artificially profitable, but also to the monetary policy, itself a source of moral hazard.
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Bibliographic InfoArticle provided by Romanian Society for Economic Science, Revista OEconomica in its journal Revista OEconomica 02/2010.
Volume (Year): (2010)
Issue (Month): 02 (June)
incentives; investment; saving preferences; inter-temporal coordination;
Find related papers by JEL classification:
- B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- D92 - Microeconomics - - Intertemporal Choice - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
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