. 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 …

Household access to financial products is often conditioned on previous use. However, banning access when learning is …

discharged relatively fast. In line with their different insolvency procedures, the two countries also represent two different …

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 …

Excessive household borrowing has been identified as an important determinant of financial crises. Borrower …-based instruments to be evaluated ex ante. The simulation is based on microdata from the German Panel on Household Finances (PHF) and is …-macro consistent simulation approach can be used to detect vulnerabilities in household balance sheets and perform an ex ante analysis …