Green, Edward J.
January 2010
Economic Quarterly (10697225);First Quarter 2010, Vol. 96 Issue 1, p11
Academic Journal
The article discusses bailouts, which is defined as government transfers made to firms and other entities such as creditors or city governments and that payments from the recipients are not anticipated. It states that bailouts are regarded by economists as time costly on the policymakers. It also mentions that compromise has to be made between the benefits and disadvantages in the different economic models and that a negative presumption towards bailouts is oversimplification.


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