Impact of legislation (Schmieder and Schmieder)

The impact of legislation on credit risk – comparative from the United States, the United Kingdorm and Germany by Christian Schmieder and Philipp Schmieder, published by IMF. This study investigates the link between bankruptcy and security legislation and potencial credit losses faced by banks based on a cross-country study for the United States (US), the United Kingdom (UK) and Germany.