Lenders' reputation and the soft budget constraint

DOI10.1016/j.econlet.2004.01.003zbMath1254.91739OpenAlexW2058381145MaRDI QIDQ1927531

Michael Alexeev, SungHwan Kim

Publication date: 1 January 2013

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2004.01.003

zbMATH Keywords

decentralizationreputationsoft budget constraintcentralization

Mathematics Subject Classification ID

Credit risk (91G40)

Cites Work

• Credit and Efficiency in Centralized and Decentralized Economies

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