budget constraint
collocation in Englishmeaningsofthe Budgetandconstraint
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withconstraintorbudget.
budget
noun[C]
uk/ˈbʌdʒ.ɪt/us/ˈbʌdʒ.ɪt/
in the UK, the official statement that the government makes about how much it will collect in taxes and spend on public services in ...
See more atthe Budget
constraint
noun
uk/kənˈstreɪnt/us/kənˈstreɪnt/
something that controls what you do by keeping you within ...
See more atconstraint
(Definition ofbudgetandconstraintfrom theCambridge English Dictionary© Cambridge University Press)
Examplesofbudget constraint
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
The second constraint is the flowbudgetconstraint.
From theCambridge English Corpus
It is this endogenous dynamic element of thebudgetconstraintthat requires us to use a dynamic method to solve the representative agent's problem.
From theCambridge English Corpus
This is due to the internalisation of the governmentbudgetconstraint.
From theCambridge English Corpus
The household maximizes its utility subject to abudgetconstraint.
From theCambridge English Corpus
To close the model, we consider thebudgetconstraintof the economy.
From theCambridge English Corpus
We simulate the latter strategy both with and without abudgetconstraint.
From theCambridge English Corpus
Working within the standard economic paradigm, consider any point along thebudgetconstraintbut not close to the point of utility maximization.
From theCambridge English Corpus
My answer to the second part of your question is that softbudgetconstraintis not just a socialist phenomenon.
From theCambridge English Corpus
Here 1 and are the multipliers on thebudgetconstraintand the law of motion, respectively.
From theCambridge English Corpus
To this end, we assume that either government spending or direct taxes are endogenous and adjust to keep thebudgetconstraintbalanced.
From theCambridge English Corpus
In this paper, we focus on the most plausible case, in which thebudgetconstraint(2) is binding for only middle-aged low-income earners.
From theCambridge English Corpus
The assumption of a continuously balanced budget ensures that the government's static and intertemporalbudgetconstraintis automatically met.
From theCambridge English Corpus
The intertemporalbudgetconstrainton the evolution of total wealth contains a detailed description of the impact of federal tax treatment and employer matching.
From theCambridge English Corpus
This requires that l be appropriately chosen to ensure that (23) generates a consumption path that is consistent with the nation's intertemporalbudgetconstraint.
From theCambridge English Corpus
The third program distributes payments to maximize environmental benefits given abudgetconstraint.
From theCambridge English Corpus
In each period, each household maximizes its expected lifetime utility subject to his intertemporalbudgetconstraint.
From theCambridge English Corpus
They yield three equilibrium conditions: the governmentbudgetconstraintand the cost-minimizing factor prices.
From theCambridge English Corpus
The neo-classical theory stresses the fact that households internalise the government'sbudgetconstraint.
From theCambridge English Corpus
And the intertemporalbudgetconstraint, and the equation for debt dynamics, take you further along.
From theCambridge English Corpus
The representative household maximizes expected lifetime utility of consumption subject to a sequence ofbudgetconstraint.
From theCambridge English Corpus
To stay within hisbudgetconstraint, the individual is assumed to cut his consumption after the policy switch.
From theCambridge English Corpus
To complete the discussion of the dynamics, we must consider the nationalbudgetconstraint(6).
From theCambridge English Corpus
A decrease in the working population would then worsen thebudgetconstraintproblem by shrinking the economy and the tax base.
From theCambridge English Corpus
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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