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Credit risk and credit access in Asia

2006

Persistent link: https://www.econbiz.de/10003300410

The macroeconomics of US consumer bankruptcy choice : chapter 7 or chapter 13?

Li, Wenli (contributor); Sarte, Pierre-Daniel (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001717052

Fresh start or head start? : Uniform bankruptcy exemptions and welfare

Athreya, Kartik B. (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001758865

Personal bankruptcy of public insurance?

Athreya, Kartik B. (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001886354

Insolvency systems in Asia : an efficiency perspective

2001

Persistent link: https://www.econbiz.de/10001564646

Credit risk and credit access in Asia

2006

The sheer volume of debt hanging over Asian companies suggests that corporate insolvency should remain a top policy concern.  This, despite signs of improvement resulting from dramatic regulatory overhauls that followed the 1997-1998 Asian financial crisis.  Moreover, the absence of widespread...

Persistent link: https://www.econbiz.de/10015054584

Credit Risk and Credit Access in Asia

2006

The sheer volume of debt hanging over Asian companies suggests that corporate insolvency should remain a top policy concern. This conference proceedings presents reports from each country on the trends and developments in debt and credit risk since the 1997-1998 Asian financial crisis. It also...

Persistent link: https://www.econbiz.de/10012447618

Loan guarantees for consumer credit markets

Athreya, Kartik B.; Tam, Xuan S.; Young, Eric R. - Federal Reserve Bank of Richmond - 2011

Loan guarantees are arguably the most widely used policy intervention in credit markets, especially for consumers. This may be natural, as they have several features that, a priori, suggest that they might be particularly effective in improving allocations. However, despite this, little is...

Persistent link: https://www.econbiz.de/10009320869

Optimal personal bankruptcy design : A Mirrlees approach

Grochulski, Borys - Federal Reserve Bank of Richmond - 2008

In this paper, we develop a normative theory of unsecured consumer credit and personal bankruptcy based on the optimal … unsecured debts in bankruptcy. The structure of this equilibrium and the associated restrictions on debt discharge closely match … the main qualitative features of personal credit markets and bankruptcy law that actually exist in the United States. …

Persistent link: https://www.econbiz.de/10005717282

Are harsh penalties for default really better?

Athreya, Kartik B.; Tam, Xuan S.; Young, Eric R. - Federal Reserve Bank of Richmond - 2009

How might society ensure the allocation of credit to those who lack meaningful collateral? Two very different options that have each been pursued by a variety of societies through time and space are (i) relatively harsh penalties for default and, more recently, (ii) loan guarantee programs that...

Persistent link: https://www.econbiz.de/10005009950