large treatment effects and confirms the central roles of guilt and shame. Under private repayment, a JL contract increases … shame-aversion hypothesis. Under JL, a comparison of private and public repayment shows that shame trumps guilt in … either privately, or publicly in front of one’s social group. Our theoretical model identifies guilt from letting down the …

consumption for over 140,000 Swedes 2006-2012, we quantify the importance of the psychosocial dimensions (e.g. shame and guilt) of … disappear once we introduce individual fixed effects. These results indicate that other mechanisms than shame or guilt related …

large treatment effects and confirms the central roles of guilt and shame. Under private repayment, a JL contract increases … shame-aversion hypothesis. Under JL, a comparison of private and public repayment shows that shame trumps guilt in … either privately, or publicly in front of one's social group. Our theoretical model identifies guilt from letting down the …