This paper measures the extent to which destination resort casinos export bankruptcy back to visitors' home states … local bankruptcy. Using various survey data, we calculate the number of visits from each state to casino resort destinations …-of-state casino resorts have higher bankruptcy filings. This effect is dominant in the south, suggesting that casinos located in …

over-allocated. Demand for water exceeds the available supply. Essentially, the water economy is bankrupt. Bankruptcy … of the paper is that the connection between the bankruptcy literature, which has recently also realized the importance of …

entrepreneurship. Specifically, we investigate whether marginal income tax rates and bankruptcy exemptions influence rates of …-shaped relationship between bankruptcy exemptions and entrepreneurship. …

In this paper, we develop a normative theory of unsecured consumer credit and personal bankruptcy based on the optimal … unsecured debts in bankruptcy. The structure of this equilibrium and the associated restrictions on debt discharge closely match … the main qualitative features of personal credit markets and bankruptcy law that actually exist in the United States. …

regulators. Prior research suggests that firms increase their financial leverage, and thus their probability of bankruptcy and … expected bankruptcy costs, in order to mitigate the severity of binding price ceilings. Although financial leverage can be … insurers as well as the probability of bankruptcy, the non-selection probability. …

This paper estimates the dynamics of the personal-bankruptcy rate over the business cycle by exploiting large cross …-state variation in recessions and bankruptcies. We find that bankruptcy rates are significantly higher than normal during a recession … and rise as a recession persists. After a recession ends, there is a hangover whereby bankruptcy rates begin to fall but …