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Lenders' reputation and the soft budget constraint

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  • Alexeev, Michael
  • Kim, Sunghwan

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  • Alexeev, Michael & Kim, Sunghwan, 2004. "Lenders' reputation and the soft budget constraint," Economics Letters, Elsevier, vol. 84(1), pages 69-73, July.
  • Handle: RePEc:eee:ecolet:v:84:y:2004:i:1:p:69-73
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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. J. Kornai & E. Maskin & G. Roland, 2004. "Understanding the Soft Budget Constraint," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 11.
    3. Schaffer, Mark E., 1989. "The credible-commitment problem in the center-enterprise relationship," Journal of Comparative Economics, Elsevier, vol. 13(3), pages 359-382, September.
    4. Xu, Cheng-Gang & Maskin, Eric, 2001. "Soft Budget Constraint Theories: From Centralization to the Market," CEPR Discussion Papers 2715, C.E.P.R. Discussion Papers.
    5. Eric Maskin & Chenggang Xu, 2001. "Soft budget constraint theories: From centralization to the market," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 9(1), pages 1-27, March.
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    Cited by:

    1. Alexei Deviatov & Barry W. Ickes, 2005. "Reputation and the Soft-Budget Constraint," Working Papers w0078, Center for Economic and Financial Research (CEFIR).
    2. Alexeev, Michael & Jang, Yong Joon, 2010. "Trade liberalization, heterogeneous firms and the soft budget constraint," Journal of Comparative Economics, Elsevier, vol. 38(4), pages 449-460, December.

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