Search: bankruptcy

Sort by: Relevance Date
1–2 of 2 collapsed search results for 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.

Search Results

The Model

22 Nov 2016 RDP 2016-07
James Hansen and Angus Moore
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

The Efficiency of Central Clearing: A Segmented Markets Approach

1 Oct 2016 RDP 2016-07
James Hansen and Angus Moore
Research Discussion Paper – RDP 2016-07 The Efficiency of Central Clearing: A Segmented Markets Approach. James Hansen. and Angus Moore. October 2016. 2.00. MB. 1. Introduction. Following the global financial crisis, the G20 agreed on a number of
https://www.rba.gov.au/publications/rdp/2016/2016-07/full.html