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American Economic Review: Vol. 89 No. 2 (May 1999)

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The Myth of the East Asian Miracle: The Macroeconomic Implications of Soft Budgets

Article Citation

Bai, Chong-En, and Yijiang Wang. 1999. "The Myth of the East Asian Miracle: The Macroeconomic Implications of Soft Budgets." American Economic Review, 89(2): 432-437.

DOI: 10.1257/aer.89.2.432

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Authors

Bai, Chong-En (Boston College)
Wang, Yijiang (U MN)

JEL Classifications

O11: Macroeconomic Analyses of Economic Development
H32: Fiscal Policies and Behavior of Economic Agents: Firm


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