Showing 1 - 10 of 21
This paper measures the extent to which destination resort casinos export bankruptcy back to visitors' home states … local bankruptcy. Using various survey data, we calculate the number of visits from each state to casino resort destinations …-of-state casino resorts have higher bankruptcy filings. This effect is dominant in the south, suggesting that casinos located in …
Persistent link: https://www.econbiz.de/10005352817
over-allocated. Demand for water exceeds the available supply. Essentially, the water economy is bankrupt. Bankruptcy … of the paper is that the connection between the bankruptcy literature, which has recently also realized the importance of …
Persistent link: https://www.econbiz.de/10009353530
This paper empirically investigates the causes of bank failures in Japan and Indonesia. Using logistic regression analysis of financial ratios, we explore the usefulness of domestic bank failure prediction models with a cross-country model that allows for cross-correlation of the error terms....
Persistent link: https://www.econbiz.de/10009278271
entrepreneurship. Specifically, we investigate whether marginal income tax rates and bankruptcy exemptions influence rates of …-shaped relationship between bankruptcy exemptions and entrepreneurship. …
Persistent link: https://www.econbiz.de/10005707771
The variation in the degree of price regulation in the property-liability insurance market in Canada varies across time and space, creating an opportunity to test a recurring theory in regulatory economics: that price regulated firms have higher levels of financial leverage. Using an...
Persistent link: https://www.econbiz.de/10005837467
regulators. Prior research suggests that firms increase their financial leverage, and thus their probability of bankruptcy and … expected bankruptcy costs, in order to mitigate the severity of binding price ceilings. Although financial leverage can be … insurers as well as the probability of bankruptcy, the non-selection probability. …
Persistent link: https://www.econbiz.de/10005837519
This paper estimates the dynamics of the personal-bankruptcy rate over the business cycle by exploiting large cross …-state variation in recessions and bankruptcies. We find that bankruptcy rates are significantly higher than normal during a recession … and rise as a recession persists. After a recession ends, there is a hangover whereby bankruptcy rates begin to fall but …
Persistent link: https://www.econbiz.de/10008489207
This paper explores how different reasons for business closure impact the probability that financial loss will be suffered by creditors. Using German small business data, the study finds that business closure due to financial problems is strongly correlated with a likelihood of financial loss....
Persistent link: https://www.econbiz.de/10008494185
and West Germany, I find distinct education and size effects and a higher share of bankruptcy-related liquidations in East …
Persistent link: https://www.econbiz.de/10005097747
percent of novice entrepreneurs who file for bankruptcy reestablish afterwards. On average, slightly more than 15 months will …
Persistent link: https://www.econbiz.de/10005098153