The Impact of Legislation on Credit Risk-Comparative Evidence From the United States, the United Kingdom and Germany /

This study investigates the link between bankruptcy and security legislation and potential credit losses faced by banks based on a cross-country study for the United States (US), the United Kingdom (UK) and Germany. Focusing on corporate credit, we find that legislation produces the highest credit r...

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Dettagli Bibliografici
Autore principale: Schmieder, Philipp
Altri autori: Schmieder, Christian
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2011.
Serie:IMF Working Papers; Working Paper ; No. 2011/055
Accesso online:Full text available on IMF