By a News Reporter-Staff News Editor at Economics Week -- New research on Institutional and Theoretical Economics is the subject of a report. According to news reporting out of Paris, France , by VerticalNews editors, research stated, "We explore the rationale behind and the mechanisms employed by French judges while discharging personal debts in exchange for liquidation of debtors' assets." Our news journalists obtained a quote from the research, "Our empirical results highlight the determinants of judicial selection between debtors whose debts are wiped out and those who have to reimburse them. We find that French judges tend to disqualify debtors with multiple creditors from debt discharge, and are sensitive to variables representative of economic activity in the courts' locality." According to the news editors, the research concluded: "These empirical results help us to understand better how much French personal bankruptcy law is rather pro-creditor than pro-debtor." For more information on this research see: Personal Bankruptcy Law, Fresh Starts, and Judicial Practice. Journal of Institutional and Theoretical Economics-Zeitschrift Fur Die Gesamte Staatswissenschaft , 2013;169(4):680-702. Journal of Institutional and Theoretical Economics-Zeitschrift Fur Die Gesamte Staatswissenschaft can be contacted at: J C B Mohr, Postfach 2040, W-7400 Tubingen, Germany . Our news journalists report that additional information may be obtained by contacting R. Blazy , Sorbonne Grad Business Sch, F-75240 Paris, France . Additional authors for this research include B. Chopard , E. Langlais and Y. Ziane. Keywords for this news article include: Paris, France , Europe , Legal Issues, Institutional and Theoretical Economics Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC
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