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 2005? Third, a major bankruptcy reform went into effect in the U …

Both the proportion of bankruptcy filings that are by the elderly and the proportion of foreclosure starts that affect … either of two events: the 2005 bankruptcy reform and the 2008 financial crisis. Our results show that while these events made …

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 2005? Third, a major bankruptcy reform went into effect in the U …

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 2005? Third, a major bankruptcy reform went into effect in the …