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Title:Bankruptcy: Is It Enough to Forgive or Must We Also Forget? Author(s):ELUL, Ronel; GOTTARDI, Piero
Date:2008Type:Working PaperSeries/Number:EUI ECO; 2008/41Abstract:In many countries, lenders are restricted in their access to information about borrowers’ past defaults. We study this provision in a model of repeated borrowing and lending with moral hazard and adverse selection. We ...
Date:2008Type:Working PaperSeries/Number:EUI ECO; 2008/41Abstract:In many countries, lenders are restricted in their access to information about borrowers’ past defaults. We study this provision in a model of repeated borrowing and lending with moral hazard and adverse selection. We ...