Walter, György; Krenchel, Jens Valdemar - In: Risks 9 (2021) 9, pp. 1-20
composite index of personal bankruptcy legislations. We calculate the composite index for 25 EU countries and the US as a … association between leniency and the age of legislation. Results indicate that personal bankruptcy policies in the EU are usually …, economy, financial markets, entrepreneurship, and labour supply. However, the methodology of measuring leniency has been …