Search Results - subject:"Budget constraint"

How does the US government finance fiscal shocks?

Berndt, Antje; Lustig, Hanno; Yeltekin, Şevin - In: American economic journal : a journal of the American … 4 (2012) 1, pp. 69-104

Persistent link: https://www.econbiz.de/10009524126

Innovation, institutions and competition : a reflection on the contribution of the soft budget constraint approach

Legrand, Muriel Dal-Pont - In: Macroeconomics and the history of economic thought : …, (pp. 338-350). 2012

Persistent link: https://www.econbiz.de/10009524142

Asymmetrically fair rules for an indivisible good problem with a budget constraint

Jaramillo, Paula; Kayi, Çağatay; Klijn, Flip - 2012

Persistent link: https://www.econbiz.de/10011708805

Trade credit contract with limited liability in the supply chain with budget constraints

Chen, Xiangfeng; Wang, Anyu - 2012

Persistent link: https://www.econbiz.de/10009581447

Are Developing Countries Better off Spending their Oil Wealth Upfront?

Takizawa, H.; Gardner, E. H.; Ueda, Kenichi - International Monetary Fund (IMF) - 2004

We question the conventional view that it is optimal for government to maintain a stable level of spending out of oil wealth. We compare this conventional policy recommendation with one where government spends all of its oil revenues upfront, at the same rate as oil is extracted. Using a...

Persistent link: https://www.econbiz.de/10005769156

Fiscal Sustainability in Heavily Indebted Countries Dependenton Nonrenewable Resources; The Case of Gabon

Ntamatungiro, Joseph - International Monetary Fund (IMF) - 2004

This paper proposes a framework for assessing fiscal sustainability in heavily indebted countries dependent on exhaustible resources, with reference to Gabon. It finds that fiscal sustainability could be achieved by: (i) developing a fiscal rule for the non-oil primary fiscal balance compatible...

Persistent link: https://www.econbiz.de/10005248171

Corporate rent-seeking and the managerial soft-budget constraint : an incremental cash flow approach to some corporate governance issues

Apreda, Rodolfo (contributor) - 2004

– BUDGET CONSTRAINT An Incremental Cash Flow Approach to some Corporate Governance Issues Rodolfo Apreda ra@cema.edu.ar This … Working Paper Series Corporate Rent-Seeking and Managerial Soft-Budget Constraint Dr. Rodolfo Apreda - 1 …-seeking and the soft-budget constraint, so as to bring forth a strong linkage with corporate governance environments. It will …

Persistent link: https://www.econbiz.de/10002636599

Are hard budget constraints for sub-national governments always efficient?

Besfamille, Martin (contributor); Lockwood, Ben (contributor) - 2004 - [Elektronische Ressource]

existing academic and policy literature, it is universally assumed that because of this externality, a hard budget constraint … that will harden the budget constraint (Rodden, Eskeland, and Litvack (2003)). It is the purpose of this paper to take … definition of a soft budget constraint (SBC) is that of the survey by Kornai, Maskin and Roland (2004) in the Journal of Economic …

Persistent link: https://www.econbiz.de/10002396060

Are hard budget constraints for sub-national governments always efficient?

Besfamille, Martin (contributor); Lockwood, Ben (contributor) - 2004 - [Elektronische Ressource]

policy literature, it is universally assumed that because of this externality, a hard budget constraint (HBC) for RG is … the budget constraint (Rodden, Eskeland, and Litvack (2003)). It is the purpose of this paper to take issue with this … budget constraint (SBC) is that of the survey by Kornai, Maskin and Roland (2004) in the Journal of Economic Literature: "A …

Persistent link: https://www.econbiz.de/10002396437

Liberal regulation : privatization of natural monopolies with adverse selection

Auriol, Emmanuelle; Picard, Pierre M. - 2004

Persistent link: https://www.econbiz.de/10002146916