We argue that failing to meet the condition is an important cause for soft budget constraint.
本文认为企业不能满足该约束条件是导致软预算约束的根本原因。
During the economic transfer, the issue of soft budget constraint is a common concern in China.
我国正处于经济转轨时期,预算软约束问题普遍存在。
Kornai Effect shows, input demand elasticity is different between enterprises with different budget constraints and soft budget constraint causes an increase in input demand.
科尔奈效应指出,企业预算约束条件不同其要素需求弹性亦不相同,软预算约束的存在会导致企业的要素需求弹性降低,要素需求量增加。
Soft budget constraint greatly reduced the effect of banking risk supervision, so it's not easy to realize the safety and stability of financial system only with minimum capital requirement.
银行软预算约束的存在使银行业风险监管的有效性受到了很大的影响,仅通过最低资本规定无法有效实现金融体系的安全性和稳定性目标。
The policy burden not only bring soft budget constraint to affect the principal′s utility function, but also cause the problem of asymmetric information that induces managers to seek gray income .
由于政策性负担不仅产生了软预算约束问题,影响委托人的效用函数,而且加深了信息不对称程度,导致经营者追求灰色收入。
To summarize the existing research of the soft budget constraint, we can find that most of them use the dis-cooperate game theory to analyze, and mostly concentrate on the government and enterprise.
已有的关于软预算约束的研究大多集中在政企之间,且多以非合作博弈方法对之进行分析。
To summarize the existing research of the soft budget constraint, we can find that most of them use the dis-cooperate game theory to analyze, and mostly concentrate on the government and enterprise.
已有的关于软预算约束的研究大多集中在政企之间,且多以非合作博弈方法对之进行分析。
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