UNCERTAINTY, BAILOUTS, AND THE KORNAI EFFECT

被引：9

作者：

GOLDFELD, SM ^{[1
]}

QUANDT, RE ^{[1
]}

机构：

[1] PRINCETON UNIV,PRINCETON,NJ 08544

来源：

ECONOMICS LETTERS | 1993年 / 41卷 / 02期

关键词：

D O I：

10.1016/0165-1765(93)90184-E

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We investigate the effects of bailouts on a firm with negative profits. The production function is Cobb-Douglas and the firm experiences both revenue and cost uncertainty. The effect of bailouts on input demand depends on the technology, the variances of the random variables and the correlation between them.

引用

页码：113 / 119

页数：7

共 9 条

[1]

AMBRUSLAKATOS L, 1990, YB E EUROPEAN EC

[2] BUDGET CONSTRAINTS, BAILOUTS, AND THE FIRM UNDER CENTRAL PLANNING [J].