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Resource Allocation During the Transition to a Market Economy : Policy Implications of Supply Bottlenecks and Adjustment Costs
Aizenman, Joshua - 2007
The paper discusses the case against a laissez faire approach to resource allocation and develops a model of supply bottlenecks. It argues that: (1) once budget constraints are hardened and credit markets begin to function appropriately, externalities associated with production bottlenecks and...
Persistent link: https://www.econbiz.de/10012778573
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Investment and deposit contracts under costly intermediation and aggregate volatility
Agénor, Pierre-Richard; Aizenman, Joshua - In: International review of economics & finance : IREF 15 (2006) 3, pp. 263-275
Persistent link: https://www.econbiz.de/10003357597
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Volatility, investment and disappointment aversion
Aizenman, Joshua - 1995
Persistent link: https://www.econbiz.de/10000931310
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Trade reforms, credibility, and development
Aizenman, Joshua - In: Journal of development economics 39 (1992) 1, pp. 163-187
Persistent link: https://www.econbiz.de/10001330299
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Volatility, Investment and Disappointment Aversion
Aizenman, Joshua - 2010
This study uncovers a statistically significant negative correlation between volatility and private investment over the … number of different measures, volatility reduces private investment in developing countries. We then show that the …
Persistent link: https://www.econbiz.de/10012763700
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Volatility, Investment and Disappointment Aversion
Aizenman, Joshua - 1995
This study uncovers a statistically significant negative correlation between volatility and private investment over the … number of different measures, volatility reduces private investment in developing countries. We then show that the …
Persistent link: https://www.econbiz.de/10012473481
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Strategic investment in a debt bargaining framework
Aizenman, Joshua; Borensztein, Eduardo - 1989
Persistent link: https://www.econbiz.de/10000772339
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Volatility and the investment response
Aizenman, Joshua; Marion, Nancy Peregrim - 1996
Persistent link: https://www.econbiz.de/10000614411
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Sources for financing domestic capital : is foreign saving a viable option for developing countries?
Aizenman, Joshua; Pinto, Brian; Radziwill, Artur - In: Journal of international money and finance 26 (2007) 5, pp. 682-702
Persistent link: https://www.econbiz.de/10003490209
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Volatility and investment : interpreting evidence from developing countries
Aizenman, Joshua; Marion, Nancy Peregrim - 2007
Persistent link: https://www.econbiz.de/10003499500