Search: bankruptcy
RBA Glossary definition for bankruptcy
bankruptcy – A legal status, which can be initiated by a creditor or person concerned, whereby the bankrupt's property is vested in a trustee and, with the exception of certain personal and professional property, is available for distribution to creditors.
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The Model
22 Nov 2016
RDP
2016-07
In addition, we do not assume explicit bankruptcy costs; nonetheless, as we will show, default is still welfare reducing because it reduces the effectiveness of the OTC derivatives hedge.
https://www.rba.gov.au/publications/rdp/2016/2016-07/model.html
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The RBA Committed Liquidity Facility
16 Nov 2011
Media Releases
As foreshadowed last December, the Reserve Bank will provide a committed liquidity facility (CLF) as part of Australia's implementation of the Basel III liquidity reforms
https://www.rba.gov.au/media-releases/2011/mr-11-25.html
Financial System Liquidity, Asset Prices and Monetary Policy | Conference – 2005
11 Jul 2005
Conferences
If the borrower can declare bankruptcy, return the keys, and walk away, then it is the banking sector that will end up holding the depreciating property stock. ... Loan-to-value ratios and bankruptcy rules may differ substantially from those in place in
https://www.rba.gov.au/publications/confs/2005/shin.html
Discussion | Conference – 2015
19 Mar 2015
Conferences
Finally, the participant proposed that improving Australia's bankruptcy laws might encourage entrepreneurial risk-taking. ... The participant also suggested that there are cultural stigmas around bankruptcy, possibly harking back to the notion of debtors'
https://www.rba.gov.au/publications/confs/2015/nicholls-orsmond-disc.html
Developing Housing Finance Systems | Conference – 2012
20 Aug 2012
Conferences
borrowers (mainly bankruptcy and collateral laws), the depth of credit information systems, the ease of registering property (as a proxy for how well the housing market works), and macroeconomic stability. ... The index ranges from 0 to 10, with a higher
https://www.rba.gov.au/publications/confs/2012/warnock-warnock.html
Discussion | Conference – 2015
19 Mar 2015
Conferences
The participant questioned whether the paper's measure of bankruptcy is able to distinguish these. ... Dr Criscuolo cited a previous study she had been involved in that discussed both corporate and personal bankruptcy.
https://www.rba.gov.au/publications/confs/2015/andrews-criscuolo-gal-menon-disc.html
Appendix D: Additional Stylised Facts
14 Mar 2016
RDP
2016-01
Figure D3 also shows that uncertainty lingered after the Lehman Brothers bankruptcy, even though sentiment recovered.
https://www.rba.gov.au/publications/rdp/2016/2016-01/appendix-d.html
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The Impact of Tiering on Risk
31 Dec 2012
RDP
2012-06
Furthermore, these payments – unlike those in RITS – may be subject to the ‘zero hour’ rule, which means that in the event of a bankruptcy, their finality can be challenged.
https://www.rba.gov.au/publications/rdp/2012/2012-06/impact-tier-risk.html
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References
20 Jan 2021
RDP
2021-01
Benmelech E and NK Bergman (2011), ‘Bankruptcy and the Collateral Channel’, The Journal of Finance, 66(2), pp 337–378.
https://www.rba.gov.au/publications/rdp/2021/2021-01/references.html
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Results
11 Sep 2015
RDP
2015-01
Norway. As a reference point, personal bankruptcies and other administrations as a share of the adult population averaged only 0.2 per cent per year in the 2000s. ... creditors in bankruptcy proceedings).
https://www.rba.gov.au/publications/rdp/2015/2015-01/results.html