Search Results - subject:"Budget constraints"

Does Protection Harden Budget Constraints?

Everaert, Greetje; Vandenbussche, Hylke - LICOS Centre for Institutions and Economic Performance, … - 2001

In this paper we analyse the effects of soft budget constraints in an international context. Firstly, we show that soft … budget constraints in an exporting country lead to higher levels of trade protection in the recipient country. Secondly, the …

Persistent link: https://www.econbiz.de/10005163365

On the Causes of Soft Budget Constraints: Firm-Level Evidence from Bulgaria and Romania

Everaert, Greetje; Hildebrandt, Antje - LICOS Centre for Institutions and Economic Performance, … - 2001

Several theoretical explanations for the presence of soft budget constraints have recently been put forward in the … literature. The purpose of this paper is to empirically test these theories on the causes of soft budget constraints. We … period 1996-1990. Our results suggest that the probability of finding soft budget constraints importantly depends on the …

Persistent link: https://www.econbiz.de/10005163404

The Soft Budget Constraint: A Theoretical Clarification

Vahabi, Mehrdad - HAL - 2001

In this paper, we have distinguished three different conceptions of the budget constraint (BC). The first one, introduced by Clower, regards the BC as a universal (unconditional) rational planning postulate. This does not imply market equilibrium or optimality. The second one, advocated by...

Persistent link: https://www.econbiz.de/10009322907

Competition and enterprise performance in transition economies: evidence from a cross-country survey

Carlin, Wendy; Fries, Steven; Schaffer, Mark; … - European Bank for Reconstruction and Development (EBRD) - 2001

the new market environment. We go on to analyse the impact on performance of ownership, soft budget constraints, the … development of new products). Soft budget constraints have a broadly negative and the business environment a broadly positive …

Persistent link: https://www.econbiz.de/10008595736

Overtime work, dual job holding and taxation

Frederiksen, Anders; Krogh Graversen, Ebbe; Smith, Nina - 2001

Traditionally, labour supply data do not include much information on hours and wages in secondary job or overtime work. In this paper, we estimate labour supply models based on survey information on hours and wages in overtime work and second job which is merged to detailed register information...

Persistent link: https://www.econbiz.de/10011402763

Simultaneous ascending auctions with complementarities and known budget constraints

Brusco, Sandro; Lopomo, Giuseppe - In: Economic Theory 38 (2009) 1, pp. 105-124

Persistent link: https://www.econbiz.de/10005370666

Intrastate Competition for Debt Resources

Denison, Dwight V.; Hackbart, Merl M.; Moody, Michael J. - In: Public Finance Review 37 (2009) 3, pp. 269-288

Limited economic resources create constraints that force trade-offs among desired objectives. Likewise, state-balanced budget requirements force policy makers to make budgetary trade-offs among competing state programs. Constrained state resources have also encouraged states to issue bonds to...

Persistent link: https://www.econbiz.de/10010781798

The effect of soft budget constraints on access and quality in hospital care

Shen, Yu-Chu; Eggleston, Karen - In: International Journal of Health Care Finance and Economics 9 (2009) 2, pp. 211-232

Persistent link: https://www.econbiz.de/10004999623

Soft budget constraints in China: Evidence from the Guangdong hospital industry

Eggleston, Karen; Shen, Yu-Chu; Lu, Mingshan; Li, Congdong - In: International Journal of Health Care Finance and Economics 9 (2009) 2, pp. 233-242

Persistent link: https://www.econbiz.de/10004999631

License prices for financially constrained firms

Burguet, Roberto; McAfee, R. - In: Journal of Regulatory Economics 36 (2009) 2, pp. 178-198

Persistent link: https://www.econbiz.de/10005029343