First externalities risk due to the size of the companies or the principle that large companies are also at risk of bankruptcy (too big to fail) are examined. The problem is illustrated by a case in which extreme risks with negative consequences for savers and investors are taken. If we...

El articulo examina los problemas de expectativas que pueden originar fallas en la coordinacion de planes intertemporales y las politicas dirigidas a prevenir o aliviar esas perturbaciones. Analiza, en materia fiscal, la evaluacion que hace el sector publico de su restriccion presupuestaria...