Institucionální analýza oddlužení: Dopad snížení transakčních nákladů novelou insolvenčního zákona z roku 2019 na regionální disparity v počtu insolvenčních řízení v ČR (2013 - 2024)

This thesis analyzes the effectiveness of the 2019 amendment to the Insolvency Act, which reduced formal barriers to entering the debt relief process in the Czech Republic. To evaluate the causal impacts of this legislative change on regional disparities in the number of insolvency petitions, the study utilizes region-level panel data for the period 2013–2024. The econometric analysis applies the Continuous Difference-in-Differences (Continuous DiD) method and a Two-Way Fixed Effects (TWFE) model. The main finding is that the blanket reduction of ex-ante barriers does not lead to a disproportionate increase in insolvency petitions in regions with a higher debt enforcement burden. On the contrary, the econometric model demonstrated a statistically significant decrease in the number of filed petitions in these areas. Furthermore, a supplementary analysis revealed no impact on the relative approval success rate of these petitions. The results suggest that the formal legislative change alone failed to effectively motivate debtors from heavily burdened regions to seek debt relief. In these areas, there are likely additional barriers that outweigh the benefits associated with entering the debt relief regime. These findings provide empirical evidence of the limitations of broad legislative changes in mitigating regional disparities.