developments primarily reflect the dynamics in the volume of transactions with the EU budget...Although total revenues arising from transactions with the EU...
maximise an intertemporal utility function in consumption and leisure subject to a budget...non-liquidity constrained households face with the following Lagrangian
(1)
...
plan, price liberalization, allowing private ownership, and imposition of hard-budget...As Kornai (1994) showed the first step in transition, imposing a hard...
