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Recursos bibliográficos en papel y digitales -
- libros, artículos de revistas,
ponencias de eventos, etc. -
» Resultado:
5 registros
| Registro 1 de 5 |
| Autor: |
Lau, Lawrence J. - Qian, Yingyi - Roland, Gerard - |
| Título: |
Reform without losers : an interpretation of China’s dual-track approach to transition |
| Fuente: |
Journal of Political Economy. v.108, n.1. The University of Chicago Press |
| Páginas: |
pp. 120-143 |
| Año: |
Feb. 2000 |
| Resumen: |
This paper develops a simple model to analyze the dual-track approach to market liberalization as a mechanism for implementing efficient Pareto-improving economic reform, that is, reform achieving efficiency without creating losers. The approach, based on the continued enforcement of the existing plan while simultaneously liberalizing the market, can be understood as a method for making implicit lump-sum transfers to compensate potential losers of the reform. The model highlights the critical roles of enforcement of the plan for achieving Pareto improvement and full liberalization of the market track for achieving efficiency. We examine how the dual-track approach has worked in product and labor market liberalization in China |
| Solicitar por: |
HEMEROTECA J + datos de Fuente |
| Registro 2 de 5 |
| Autor: |
Qian, Yingyi - Roland, Gerard - |
| Título: |
Federalism and the Soft Budget Constraint |
| Fuente: |
American Economic Review. v.88, n.5. American Economic Association |
| Páginas: |
pp. 1143-62 |
| Año: |
Dec. 1998 |
| Resumen: |
The government’s incentives to bail out inefficient projects are determined by the trade-off between political benefits and economic costs, the latter depending on the decentralization of government. Two effects of federalism are derived: first, fiscal competition among local governments under factor mobility increases the opportunity costs of bailout and, thus, serves as a commitment device (the ’competition effect’); second, monetary centralization, together with fiscal decentralization, induces a conflict of interests and, thus, may harden budget constraints and reduce inflation (the ’checks and balance effect’). The authors’ analysis is used to interpret China’s recent experience of transition to a market economy. |
| Solicitar por: |
HEMEROTECA A + datos de Fuente |
| Registro 3 de 5 |
| Autor: |
Qian, Yingyi - Weingast, Barry-R - |
| Título: |
Federalism as a Commitment to Reserving Market Incentives |
| Fuente: |
Journal of Economic Perspectives. v.11, n.4. American Economic Association |
| Páginas: |
pp. 83-92 |
| Año: |
fall 1997 |
| Resumen: |
The authors advance a new perspective in the study of federalism. Their approach views federalism as a governance solution of the state to credibly preserving market incentives. Market incentives are preserved if the state is credibly prevented from compromising on future economic success and from bailing out future failures. The salient features of federalism--decentralization of information and authority and interjurisdictional competition--help provide credible commitment or these purposes. In addition, the authors suggest that some federalism are self-sustaining. |
| Solicitar por: |
HEMEROTECA J + datos de Fuente |
| Registro 4 de 5 |
| Autor: |
Qian, Yingyi - |
| Título: |
A Theory of Shortage in Socialist Economies Based on the "Soft Budget Constraint. |
| Fuente: |
American Economic Review. v.84, n.1. American Economic Association |
| Páginas: |
pp. 145-56 |
| Año: |
Mar. 1994 |
| Resumen: |
This paper attributes shortages of goods in socialist economies to the soft financial constraints that firms in such economies face. A ’soft budget constraint’ problem arises when the state bank is unable to make a credible commitment not to refinance bad projects once some investment costs are sunk. In such a situation, if a consumer good is also demanded by firms as an input and the seller cannot separate firms from households, the high market-clearing price would lead to welfare losses because too many bad projects would start and crowd out household consumption. |
| Solicitar por: |
HEMEROTECA A + datos de Fuente |
| Registro 5 de 5 |
| Autor: |
Milgrom, Paul-R - Qian, Yingyi - Roberts, John - |
| Título: |
Complementarities, Momentum, and the Evolution of Modern Manufacturing |
| Fuente: |
American Economic Review. v.81, n.2. American Economic Association |
| Páginas: |
pp. 84-88 |
| Año: |
May 1991 |
| Solicitar por: |
HEMEROTECA A + datos de Fuente |
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