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Céline Bignebat, Fabian Gouret

Public reference bibliography and cataloged PDF materials authored or published by Céline Bignebat, Fabian Gouret.

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Determinants and consequences of soft budget constraints. An empirical analysis using enterprise-level data in transition countries

Year: 2008 • Source: hal.science • Listed PDF

This paper presents empirical work grounded in the soft budget-constraint literature. A loan is soft when a bank cannot commit the enterprise to hold to a fixed initial budget and/or the timing of repayment. Using data c...