Reorganization or Liquidation: Bankruptcy Choice and Firm Dynamics

DOI10.1093/RESTUD/RDAA091zbMath1505.91409OpenAlexW3119550853MaRDI QIDQ5051555

Pablo N. D'Erasmo, Dean Corbae

Publication date: 23 November 2022

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1093/restud/rdaa091

zbMATH Keywords

capital structurefirm dynamicscapital misallocationcorporate bankruptcy

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Corporate finance (dividends, real options, etc.) (91G50)

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