Which Enterprises ( Believe They ) Have Soft Budgets ? Evidence on the Effects of Ownership and Decentralization in Mongolia

Abstract

“Which Enterprises (Believe They) Have Soft-budgets after Mass Privatization? Evidence on the Effects of Ownership and Decentralization in Mongolia” To ascertain the prevalence of soft budgets and to find causes of softness, we surveyed Mongolian enterprises, asking whether state aid was expected when financial difficulties arose. One-quarter of enterprises… (More)

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