assets, the threshold for insolvency. Bunching occurs despite the fact that creditors cannot force insolvent nonprofits into …

the effects of the reform on bankruptcy, insolvency, and foreclosure, we explore the mechanism generating these responses … 25% permanent rise in insolvency, but had no effect on Chapter 13 filings. Exploiting the cross-district variation in … higher monetary cost of filing for bankruptcy. We show that insolvency is associated with worse outcomes than bankruptcy, in …

introduction of specialized courts across Chinese cities affected insolvency resolution and the local economy. For identification …