Soft Budgets and Renegotiations in Public-Private Partnerships
NBER Working Paper No. 15300
---- Acknowledgements ----
We thank Eduardo Bitran, Jose Luis Guasch and Roger Noll for insightful conversations, useful comments and suggestions and Manuel Hermosilla for research assistance. Financial support from the Corporacion Andina de Fomento (CAF) is gratefully acknowledged. Fischer and Galetovic gratefully acknowledge the financial support of Instituto Milenio "Sistemas complejos de Ingenieria". Galetovic gratefully acknowledges the financial support of the Tinker Foundation and the hospitality of the Stanford Center for International Development (SCID). The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.