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In recent years, the IMF has released a growing number of reports and other documents covering...

Using an overlapping-generations growth model featuring financial intermediation, I find ...

This study investigates the link between bankruptcy and security legislation and potential credit...

Depositor preference and collateralization of borrowing may reduce the cost of settling the...

The modernization of Italy’s insolvency framework has been the subject of much interest in recent...

This paper incorporates house price risk and mortgages into a standard incomplete market (SIM)...