Soft Budget Constraint Theories: From Centralization to the Market
By Eric Maskin, Chenggang Xu. 2001
169 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/b35ba3af1e9b4557904c0c480cd1eea8864a9a6c
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Per Pettersson-Lidbom
- J. Kornai
- Geneviève Boyreau-Debray
- Klaus Nielsen
- R. Storm
- Ning Zhu
- Gérard Roland
- Joseph P. H. Fan
In Finance
- J. Kornai
- Per Pettersson-Lidbom
- Geneviève Boyreau-Debray
- Ning Zhu
- Gérard Roland
- Joseph P. H. Fan
- Jun Huang
- Alok Kumar
Citations in the corpus
- Institutions, ownership structures, and distress resolution in China☆ (2013, background): “Maskin and Xu (2001) and Sapienza (2004) report that banks play an important role in allocating resources and in monitoring debtors.”
- Financial Intermediation and Growth: Chinese Style (2003, background): “4 See Hansen McPherson and Waller (2000), Samolky (1994) and Neely and Wheelock (1997).”
- Hardening the budget constraint: The experience of the post-socialist countries (2001, background): “socialist experiences are Bonin and Scha!er (1995), Perotti and Carare (1996) and Scha!er (1998). the social-security system increased by 11.”
- Dynamic Commitment and the Soft Budget Constraint: An Empirical Test (2010, background): “…in discussions related to the loan programs of the International Monetary Fund (Rogoff 2002 and Lane and Phillips 2001), in transition economies (Maskin and Xu 2001 and Djankov and Murrell 2002), and in the debate about fiscal decentralization versus centralization in the fiscal federalism…”
- Soft budget constraints in professional football (2012, background): “Historical examples include the US government bailouts following the Savings and Loans crisis in the early 1990s and the Long-Term Capital Management Crisis in the late 1990s (Maskin & Xu, 2001).”
- Understanding the Soft Budget Constraint (2003, background): “However, we attempt no comprehensive review of this literature here.4 3 Several surveys of formal models have been produced (Maskin 1996; Dewatripont, Maskin and Roland 2000; Berglöf and Roland 1998; Maskin 1999; Maskin and Xu 2001; Mitchell 1998, 2000; Roland 2000).”