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for example 4.5% in 1994. The German legislator has reacted to this incessant trend by establishing in 1999 an insolvency … examination focusses on the analysis of the possible effects of an insolvency code on the problem of private overindebtedness in …
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. This paper uses household-level data from the 'experiment' of German reunification that (exogenously) offered to East …-unification participation of former East and West Germans in financial products, controlling for relevant household characteristics. We vary …
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Household access to financial products is often conditioned on previous use. However, banning access when learning is …
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