A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more forgiving personal...
Frank M. Fossen
Malakoff, Frankreich,
26.01.2012
| Séminaires CREST
Clemens Haftendorn
Berlin,
25.01.2012
| Brown Bag Seminar of the Sustainability Cluster: Evidence of Market Power in the Atlantic Steam Coal Market Using Oligopoly Models with a Competitive Fringe
Holger Lüthen
Berlin,
18.01.2012
| Cluster-Seminar Öffentliche Finanzen und Lebenslagen: The Dynamics of Earnings in Germany: Evidence from Social Security Records
Daniel D. Schnitzlein
Alba di Canazei, Italien,
09.01.2012
- 12.01.2012| Long Term Inequality: Wealth, Education and Intergenerational Mobility: 7th Winter School on Inequality and Social Welfare Theory