Services
Econ One’s expert economists have experience across a wide variety of services including antitrust, class certification, damages, financial markets and securities, intellectual property, international arbitration, labor and employment, and valuation and financial analysis.
Industries
Econ One’s expert economists have extensive industry specific experience. Our industry experience spans numerous industries including electric power markets, financial markets, healthcare, insurance, oil and gas, pharmaceutical, and more
Resources
Econ One’s resources including blogs, cases, news, and more provide a collection of materials from Econ One’s experts.
Blog
Get an Inside look at Economics with the experts.
Senior Economist
- Los Angeles, CA
- mmartosvila@econone.com
- (Main) 213.624.9600
Education
Ph.D. in Economics, Princeton University, Princeton, NJ (USA)
Work Experience
Econ One Research, Principal/Senior Economist, 2015 – Present
London Business School, Visiting Professor of Finance, 2012–2015
UCLA Anderson School of Management, Professor of Finance, 2006–2012
Claremont McKenna College, Robert Day School of Economics and Finance, Visiting Professor of Finance, 2011–2012
ESADE Business School, Visiting Professor of Finance, 2013–2014
Princeton University, Teaching and Research Assistant, 2003–2006
Services
Share this Article
ABA’s Business Law Today: Bankruptcy Filings During the COVID-19 Recession: A Tale of Two Debtors?
The article presents the pattern of bankruptcy filings during and after the COVID-19 recession. Echoing some recent commentary and economic analysis, we show that bankruptcy filings behaved markedly differently than historical patterns would dictate. We break down bankruptcy petitions between Chapter 7 (essentially a liquidation) and Chapter 11 (usually a restructuring of debt), and between those of businesses vis-à-vis consumers. Doing so allows us to show that Chapter 7 filings dropped at the start of the recession, something not observed for Chapter 11 filings. The article then explains the possible causes behind the observed pattern. They include (1) the effects of COVID-19 induced public policy; (2) the functioning of the courts during the pandemic; (3) the absence of liquidity; and (4) the existence of uncertainty.