Berlinger, Edina; Dobránszky-Bartus, Katalin; Molnár, … - In: Risks : open access journal 9 (2021) 9, pp. 1-21
We examine the impact of overdue debts in small villages in one of Hungary's most disadvantaged regions. We find that a … significant number of debtors with overdue debts permanently escape from debt collectors. Accordingly, in our sample, overdue … debts reduce the likelihood of declared work by 14 percentage points on average. The lack of declared work alone reduces the …