Soft budget constraint theories: From centralization to the market

Economics of Transition

Volumn 9, Issue 1, 2001, Pages 1-27

  Maskin, Eric ^a,b   Xu, Chenggang ^c  

^a INSTITUTE FOR ADVANCED STUDY   (United States)

^b PRINCETON UNIVERSITY   (United States)

^c LONDON SCHOOL OF ECONOMICS   (United Kingdom)

Author keywords

Banking and finance; Centralized economy; Renegotiation; Soft budget constraint; Theory of the firm; Transition

Indexed keywords

CAPITALISM; CENTRALIZATION; THEORETICAL STUDY; TRANSITIONAL ECONOMY;

EID: 0035060438     PISSN: 09670750     EISSN: None     Source Type: Journal    
DOI: 10.1111/1468-0351.00065     Document Type: Article

References (3)

1. Aghion, P., P. Bolton and S. Fries (1996), 'Financial Restructuring in Transition Economies', mimeo.
2. Aghion, P., O. Hart and J. Moore (1994), 'Improving Bankruptcy Procedure', Washington University Law Quarterly, 72(3), pp. 849-77.
3. Aghion, Philippe and Peter Howitt (1992), 'A Model of Growth Through Creative Destruction', Econometrica, 60(2), pp. 323-51.