generelle R?ckstufung von Gesellschafterdarlehen nach dem MoMiG in der Insolvenz zu finden und modelltheoretisch zu analysieren … richtiger Ansatzpunkt f?r eine Rechtfertigung des Nachranges von Gesellschafterdarlehen in der Insolvenz sein kann, nicht jedoch …The economic reasons for the legal subordination (MoMiG) of shareholders' loans in the insolvency of a company are …

liquidaciones ineficientes ; The paper warns about the potential efficiency losses associated with low business bankruptcy rates … as follows. The low efficiency and low creditor protection of the Spanish bankruptcy system relative to those of an … alternative insolvency institution, namely the mortgage system, mean that firms and their creditors mainly deal with credit …

productivity and efficiency. For the United States in the nineteenth century, it is shown that factories were more efficient than … artisanal shops, and the hypothesis that regional efficiency differences were responsible for different industrial development … paths cannot be confirmed.It is also shown that the american civil war had rather less influence on manufacturing efficiency …

fully dynamic model class overlapping generations of Fehr (1999) enabling a decomposition of welfare effects into efficiency … the Thai base case data of the year 2000 suggest that the tax reform generate moderate long-term efficiency gains. While …