This paper analyzes private precautions against crime when the value of the property to be protected is private …, suboptimal investment can occur when observable precautions communicate information about property value to potential offenders …

Under the common-law system of coverture in the United States, a married woman relinquished control of property and … market earnings and to own separate property. The former were called married women's earnings acts (MWEAs) and the latter … married women's property acts (MWPAs). Scholarly interest in the acts' effects is growing. Researchers have examined how the …

sparse. To illustrate the functionality, we generate a panel of German property prices and rents that is unprecedented in its …

clearing house (bank) which monitors agents and enforces contracts. Our model develops a concept of bankruptcy equilibrium that … a version of the Capital Asset Pricing Model with bankruptcy. In this case we can characterize equilibrium prices and …

Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as re …

balance the benefits of the provision of liquidity services by bank deposits with the costs of bankruptcy. The risk in the …

In this survey, we review the quantitative macroeconomic literature analyzing consumer debt and default. We start by … providing an overview of consumer bankruptcy law in the US and document the relevant institutional changes over time. We proceed … with a comprehensive empirical section, describing key facts about consumer debt, defaults and delinquencies, as well as …