Fujiwara, Yoshi - In: Physica A: Statistical Mechanics and its Applications 337 (2004) 1, pp. 219-230
Using an exhaustive list of Japanese bankruptcy in 1997, we discover a Zipf law for the distribution of total liabilities of bankrupted firms in high debt range. The life-time of these bankrupted firms has exponential distribution in correlation with entry rate of new firms. We also show that...