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Which Enterprises (Believe They) Have Soft Budgets?Evidence on the Effects of Ownership and Decentralization in Mongolia
Enterprises (Believe They) Have Soft Budgets Ownership and Decentralization Mongolia
2015/9/22
To ascertain the prevalence of soft budgets and to find causes of softness, we surveyed Mongolian enterprises, asking whether state aid was expected when financial difficulties arose. One-quarter of t...
Monitoring and the Portability of Soft Information
Information Decision Making Knowledge Management Banks and Banking Banking Industry
2015/4/28
We study the portability of soft information in a decentralized financial institution. Theories from a variety of literatures suggest that difficulties in capturing, storing, and communicating soft in...
POLICY BURDEN，MORAL HAZARD AND SOFT BUDGET CONSTRAINT
Justin Yifu Lin CCER, Peking University& Zhiyun LiCERDI
NO. E2006004 April 4, 2006
Abstract: We present a model of policy burden and soft bud...