The Rodney L. White Center for Financial Research Corporate Bankruptcy Reorganizations: Estimates from a Bargaining Model

Abstract

In this paper I estimate a bargaining model of Chapter 11 bankruptcies. I use the estimated structural model to conduct policy experiments aimed at evaluating the impact of institutional rules on the creditor recoveries, distribution to shareholders and deviations from absolute priority rule.

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Cite this paper

@inproceedings{Eraslan2002TheRL, title={The Rodney L. White Center for Financial Research Corporate Bankruptcy Reorganizations: Estimates from a Bargaining Model}, author={Hulya Eraslan and H{\"{u}lya Eraslan}, year={2002} }