Search Results - subject:"Budget constraint"

Beyond Budget Constraints, a New Constraint Measure Based on Resources, With an Application to Health Technology Assessment

Combes, Simon; Becker, Frauke - 2022

allows us to consider the wider economic context and to bypass the commonly considered budget constraint when determining the …

Persistent link: https://www.econbiz.de/10013295254

The Belarusian banking sector (2016–2021) : from timid recovery to renewed crisis?

Barisitz, Stephan - In: Focus on European economic integration (2022) 1, pp. 55-69

Persistent link: https://www.econbiz.de/10013329886

The Impact of Sectoral Differences in Financing and Budget Constraints on China's Conventional and Unconventional Monetary Policy

Zhang, Yong; XIE, XING - 2022

This paper uses Chinese data to calibrate a monetary policy model, so as to study the special impact of sectoral differences in financing and budget constraints on developing countries' monetary policy. The paper finds that real estate transactions, as a particularly effective monetary policy...

Persistent link: https://www.econbiz.de/10013308817

Optimal mechanism in governmental project screening : a theory of Kornai's soft budget constraint

Bai, Chong-En; Wang, Yijiang - In: Journal of government and economics : JGE 7 (2022), pp. 1-8

Soft budget constraint refers to the phenomenon that money losing inefficient projects keep on getting subsidies and … economies and by now, economists generally have agreed that soft budget constraint also exists extensively in market economies … soft budget constraint is an optimal governmental mechanism to induce greater effort in project selection. The idea is that …

Persistent link: https://www.econbiz.de/10013429228

Competition and fan substitution between professional sports leagues

Wallrafen, Tim; Nalbantis, Georgios; Pawlowski, Tim - In: Review of industrial organization 61 (2022) 1, pp. 21-43

Persistent link: https://www.econbiz.de/10013273595

A Unified Theory of Tobin's Q, Corporate Investment, Financing, and Risk Management

Bolton, Patrick; Chen, Hui; Wang, Neng - 2022

This paper proposes a simple homogeneous dynamic model of investment and corporate risk management for a financially constrained firm. Following Froot, Scharfstein, and Stein (1993), we define a corporation's risk management as the coordination of investment and financing decisions. In our...

Persistent link: https://www.econbiz.de/10014209333