Joint liability borrowing and suicide: The case of Japan
This paper develops a model for joint liability borrowings that facilitates credit market transactions ex ante, but may induce the borrower's suicide ex post through the stigma associated with default. A Japanese suicide survey provides some supportive evidence.
Year of publication: |
2010
|
---|---|
Authors: | Chen, Joe ; Choi, Yun Jeong ; Sawada, Yasuyuki |
Published in: |
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 109.2010, 2, p. 69-71
|
Publisher: |
Elsevier |
Subject: | Joint liability Suicide Stigma |
Saved in:
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