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
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
Journal title :
Economics Letters
