Showing 1 - 10 of 5,615
Persistent link: https://www.econbiz.de/10000992368
We analyze the problem of soft budget constraints of enterprises financed by banks in transition economies and review the similarities and the differences in various models addressing that issue. We reconstruct these models as several variants of a basic sequential model of soft budget...
Persistent link: https://www.econbiz.de/10014067064
Persistent link: https://www.econbiz.de/10003005546
Persistent link: https://www.econbiz.de/10001594062
Persistent link: https://www.econbiz.de/10001764518
Persistent link: https://www.econbiz.de/10001879505
Persistent link: https://www.econbiz.de/10001577788
Persistent link: https://www.econbiz.de/10001224869
Persistent link: https://www.econbiz.de/10001293125
to guarantee their survival by means of either a direct or an indirect injection of credit. The credit markets of the … credit in financing capital formation, exhibiting the prevalence of SBCs. However, the cost of capital becomes more important …
Persistent link: https://www.econbiz.de/10013132920