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construct a measure of the efficiency of debt enforcement in each country. We identify several characteristics of debt … enforcement procedures, such as the structure of appeals and availability of floating charge finance, that influence efficiency …. Our measure of efficiency of debt enforcement is strongly correlated with per capita income and legal origin and predicts …
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construct a measure of the efficiency of debt enforcement in each country. We identify several characteristics of debt … enforcement procedures, such as the structure of appeals and availability of floating charge finance, that influence efficiency …. Our measure of efficiency of debt enforcement is strongly correlated with per capita income and legal origin and predicts …
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concern vs. piecemeal sale) to construct a measure of the efficiency of debt enforcement in each country. This measure is … efficiency. …
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