Is centralization a solution to the soft budget constraint problem?

European Journal of Political Economy - Tập 45 - Trang 57-75 - 2016
Avi Ben-Bassat1, Momi Dahan2, Esteban F. Klor1
1Department of Economics, The Hebrew University of Jerusalem, Mount Scopus, Jerusalem 91905, Israel
2Federmann School of Public Policy and Government, The Hebrew University of Jerusalem, Mount Scopus, Jerusalem 91905, Israel

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