Search Results - subject:"Budget constraint"

Can government paternalism prevent credit market failure?

Achmedov, Achmed (contributor); Orlov, Eugene (contributor) - 2004

government�s budget constraint is binding, then the government bails out the �rms that are the most "pro�table" for it. 15 In …, because we assumed y 1 (e) <y 2 (e). For a while, we consider the case of non-binding budget constraint of the government. In … hand, it it possible to limit paternalism in relatively rich regions, when soft budget constraint dominate positive eﬀect …

Persistent link: https://www.econbiz.de/10003282685

Fixed budgets as a cost containment measure for pharmaceuticals

Granlund, David (contributor); Rudholm, Niklas (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002176549

A comparative model of party-states : the structural reasons behind similarities and differences in self-reproduction, reforms and transformation

Csanádi, Mária - 2004

This paper draws up an empirically based comparative analytical model called by its constructor as the Interactive party-state model (IPS). It details the elements, the principles of connection of these elements and the principle of operation of the whole party-state construct. It also defines...

Persistent link: https://www.econbiz.de/10011560547

The Delaying Effect of Financing Constraints on Investment

van de Laar, Mindel; Letterie, Wilko H. - 2004

We develop a simple model in which a firm considers a number of investment projects. Because of limited financial resources, the firm can undertake at most one project. In line with the literature on real options we stress features like irreversibility, uncertainty and the possibility of...

Persistent link: https://www.econbiz.de/10014070963

The Political Advantage of Soft Budget Constraints

Desai, Raj M.; Olofsgård, Anders - 2004

One of the enduring puzzles in transition economies is why incumbent politicians postpone reforms aimed at hardening budget constraints towards unproductive firms. We submit that voters prefer politicians capable of implementing reforms that promote job creation rather than policies that simply...

Persistent link: https://www.econbiz.de/10014071964

Models for solid transportation problems in logistics using particle swarm optimisation algorithm and genetic algorithm

Baidya, Abhijit; Bera, Uttam Kumar; Maiti, Manoranjan - In: International journal of logistics systems and management 27 (2017) 4, pp. 487-526

Persistent link: https://www.econbiz.de/10011817846

Sustainability of current account deficits in the OECD countries : evidence from panel data estimators

Singh, Tarlok - In: Global economy journal : GEJ 17 (2017) 4, pp. 1-16

Persistent link: https://www.econbiz.de/10011799109

University funding systems: impact on research and teaching

Beath, John; Poyago-Theotoky, Joanna; Ulph, David - 2011

We address the following question: how does a higher education funding system influence the trade-off that universities make between research and teaching? We do so by constructing a model that allows universities to choose actively the quality of their teaching and research when faced with...

Persistent link: https://www.econbiz.de/10010304310

The marginal utility of money: A modern Marshallian approach to consumer choice

Friedman, Daniel; Sákovics, József - 2011

argue that [lambda] can largely supplant the role of an arbitrary budget constraint in partial equilibrium analysis. The …

Persistent link: https://www.econbiz.de/10010288173

Intertemporal budget policies and macroeconomic adjustment in indebted open economies

Bianconi, Marcelo; Fisher, Walter H. - 2011

government expenditure alone can balance the long term government budget constraint. However, for certain combinations of …

Persistent link: https://www.econbiz.de/10010290971