Bankruptcy: Past Puzzles, Recent Reforms, and the Mortgage Crisis
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This paper discusses four bankruptcy-related policy issues. First, what is the economic rationale for having a bankruptcy procedure at all and what defines an economically efficient bankruptcy procedure? Second, why did the number of U.S. bankruptcy filings increase so dramatically between 1980 and
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美国国家经济研究局创建时间：
2008-12-01
