Eraslan, Hulya; Koşar, Gizem; Li, Wenli; Sarte, … - Federal Reserve Bank of Philadelphia - 2014
We build a structural model of Chapter 13 bankruptcy that captures salient features of personal bankruptcy under Chapter 13. We estimate our model using a novel data set we construct from bankruptcy court dockets recorded in Delaware between 2001 and 2002. Our estimation results highlight the...