Now showing items 1-2 of 2

    • How much debtors' punishment? 

      Araújo, Aloísio Pessoa de; Funchal, Bruno
      2006-05-01
      This paper investigates how the bankruptcy exemptions applied by the Personal Bankruptcy Law in each American state a§ect the aggregated level of individuals and small businessesí loans. Higher levels of bankruptcy exemptions ...
    • Past and future of the bankruptcy law in Brazil and Latin America 

      Araújo, Aloísio Pessoa de; Funchal, Bruno
      2005-08-01
      This paper studies the Bankruptcy Law in Latin America, focusing on the Brazilian reform. We start with a review of the international literature and its evolution on this subject. Next, we examine the economic incentives ...