No-fault default, chapter 11 bankruptcy, and financial institutions
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DOI: 10.1016/j.jbankfin.2021.106066
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- Robert C. Merton & Richard T. Thakor, 2021. "No-fault Default, Chapter 11 Bankruptcy, and Financial Institutions," NBER Working Papers 28341, National Bureau of Economic Research, Inc.
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Cited by:
- Bunderson, Stuart & Thakor, Anjan V., 2022. "Higher purpose, banking and stability," Journal of Banking & Finance, Elsevier, vol. 140(C).
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More about this item
Keywords
Bankruptcy; Default; Chapter 11; Capital structure; Labor contracts; Human capital; Financial institutions;All these keywords.
JEL classification:
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
- G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
- K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
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