Citation

Discussion Paper Details

Please find the details for DP878 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: The Economics of Bankruptcy and the Transition to a Market Economy

Author(s): István Abel and Konstantine Gatsios

Publication Date: December 1993

Keyword(s): Bankruptcy, Economic Transformation, Hungary, Liquidation and Reorganization

Programme Area(s): Applied Macroeconomics

Abstract: This paper looks at simple decision rules in bankruptcy procedures. It describes special issues of enterprise liquidation and reorganization during economic transformation. The reforms of the financial system and other important factors in economic transformation influence the impact of bankruptcy regulation in a way distorting it towards liquidation.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=878

Bibliographic Reference

Abel, I and Gatsios, K. 1993. 'The Economics of Bankruptcy and the Transition to a Market Economy'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=878