increased worker flows. These patterns point to an intended and controlled shrinking strategy for closures without bankruptcy …

: entrepreneurial self-selection via voluntary liquidation and external selection based on insolvency regulation. Distinguishing between … and West Germany, I find distinct education and size effects and a higher share of bankruptcy-related liquidations in East …

, regarding the problems of bankruptcy and anti-crisis management. The results show that the use of the system of complex …

acuerdos preconcursales para grandes empresas ; Traditionally, bankruptcy procedures in Spain have been lengthy and costly … processes that have nearly always (95%) resulted in the liquidation of the insolvent firm. These dysfunctions became apparent … with the large increase in bankruptcy filings during the crisis that started in 2008 and the ensuing congestion of the …