and price of unsecured debt. -- household debt portfolios ; housing ; collateral ; bankruptcy ; commitment ; income risk …

discontinuity in the loan approval rules that led applicants with debt-to-income ratios below 40% to be differentially likely to be …

Using agent-based simulation methods we explore the interplay between income distribution, personal insolvency … social comparison effects, the insolvency regime decides on lower income households' incentives to expose themselves to … observed distribution of income and wealth, we model them by means of a Generalised Pareto Distribution. In the presence of …

perceptions on future credit risk: many individuals are using credit cards for precautionary motives. …