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- W1567149604 abstract "Using data from reorganization proposals filed by bankrupt Canadian firms, we estimate the discount rate implicit in the creditors’ reorganization decision. Using two approaches, a grid-search and an optimization algorithm, we estimate the implicit monthly discount rate in reorganization to be around 5 percent, which corresponds to an annual discount rate of 87 percent." @default.
- W1567149604 created "2016-06-24" @default.
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- W1567149604 date "2004-01-01" @default.
- W1567149604 modified "2023-09-27" @default.
- W1567149604 title "Estimates of Creditors' Discount Rates in Court-Supervised Reorganisation Decisions" @default.
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