Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat LCCN Permalink Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
Bankruptcy: economic-theoretical aspect
Available online: 16 April 2010 Subject Heading: Bankruptcy JEL Classification:
The causes of bankruptcy are studied in the article based on the works of A. Smith, K. Marx, I. Fisher, J. Keyens, and B. Bernanke. One of the hypotheses is that there is a correlation between the level of bankruptcy in the economy and the stages of economic cycle. Recession is accompanied by the lack of liquidity which leads to the growth of the number of bankruptcies. In order to maintain solvency firms and householders cut expenditures on long time assets what favors the crises. Keywords: insolvency, bankruptcy, cycle, economy, recession, crises, liquidity |
ISSN 2311-8709 (Online)
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