Decentralized Financing, Centralized Financing and the Dual Track System: Toward a New Theory of Soft Budget Constraints
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Cited by:
- 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.
- Maskin, Eric & Xu, Cheng-Gang, 2001. "Soft Budget Constraint Theories: From Centralization to the Market," CEPR Discussion Papers 2715, C.E.P.R. Discussion Papers.
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Keywords
soft budget constraints; pecuniary externality; financial dual track; China's state sector and non-state sector;NEP fields
This paper has been announced in the following NEP Reports:- NEP-ALL-2001-10-01 (All new papers)
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