Aysun, Uluc; Brady, Ryan R.; Honig, Adam - 2009
Department of Economics Working Paper Series
Financial Frictions and Monetary Transmission
Uluc Aysun
University of … Bank’s Doing Business Survey reports that lenders’ recovery rates when there is bankruptcy are on average
89.4% and 7 … parameter is from the World Bank’s Doing Business database, which
contains the variable, “recovery rate (%)”, defined as “how …