No-fault Default, Chapter 11 Bankruptcy, and Financial Institutions
收藏NBER2021-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28341
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资源简介：
This paper analyzes the costs and benefits of a no-fault-default debt structure as an alternative to the typical bankruptcy process. We show that the deadweight costs of bankruptcy can be avoided or substantially reduced through no-fault-default debt, which permits a relatively seamless transfer of
提供机构：
美国国家经济研究局
创建时间：
2021-01-01
