financial policy
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Externalities among creditors and personal bankruptcy
Description The purpose of this paper is to explore the impact of creditors’ undervaluing the total expected cost of a borrower’s bankruptcy filing because a portion of the cost will be borne by other lenders. Creditors who bear a smaller portion of the total cost of a personal bankruptcy would...- jasminepvk
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- bankruptcy consumer protection credit card debt debt collections default risk financial policy garnishment law informal institutions property exemptions
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- Forum: Financial Analysis
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The role of defective mental models in generating the global financial crisis
Description The purpose of this paper is to stress the role that several defective theories or views of the world played in generating the subprime financial crisis. Journal of Financial Economic Policy The role of defective mental models in generating the global financial crisis Thomas D...- jasminepvk
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- defective theories financial crisis financial economics financial policy future crisis international financial institutions mental models subprime
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- Forum: Financial Services
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Dissertation Report on Financial Policy and Ownership Stability
Description Economic policy refers to the actions that governments take in the economic field. It covers the systems for setting interest rates and government budget as well as the labor market, national ownership, and many other areas of government interventions into the economy. ABSTRACT...