An Economic Analysis of Transnational Bankruptcies
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This paper analyzes the effects of the legal rules governing transnational bankruptcies. We compare a regime of territoriality' -- in which assets are adjudicated by the jurisdiction in which they are located at the time of the bankruptcy -- with a regime of universality are adjudicated in a single
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美国国家经济研究局创建时间：
2000-03-01
