Financial Stability
The Economics of Insolvency Law:
Effects on Debtors, Creditors and Enterprise, 27 September 2002
On 27 September 2002, the Bank of England held a conference entitled The Economics of Insolvency Law: Effects on Debtors, Creditors and Enterprise. The papers presented at the conference, and names of presenters, are outlined below. A summary of the conference is available in the December 2002 edition of the Bank's Financial Stability Review.
Programme
(79k)
Papers
- Different
approaches to bankruptcy (45k)
Oliver Hart, Harvard University
- Corrupt
judges, credit-rationing and the political economy of bankruptcy
laws (185k)
Bruno Biais, University of Toulouse and Centre for Economic Policy Research
- Effects of bankruptcy law on access to credit and
incentives to entrepreneurship
Michelle White, University of California at San Diego and National Bureau of Economic Research
Michelle's papers are available on her website (http://weber.ucsd.edu/~miwhite). She discussed her work and presented two papers. They are:
"Personal Bankruptcy and the Level of Entrepreneurial Activity,'' with Wei Fan, NBER working paper number 9340., Department of Economics, University of Michigan, July 2000.
"Bankruptcy and Small Firms' Access to Credit,'' with Jeremy Berkowitz, NBER working paper number 9010.
- Approaching
Disaster: A Comparison between Personal Bankruptcy Legislation
in Italy and England (1880 - 1930)
( 494k)
Paolo di Martino, University of Bristol
- Financial
Distress and Bank Restructuring of Small to Medium Size UK
companies (457k)
Julian Franks, London Business School and Centre for Economic Policy Research
