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Determinants of the consumer bankruptcy decision

Domowitz, Ian; Sartain, Robert L. - In: The journal of finance : the journal of the American … 54 (1999) 1, pp. 403-420

Persistent link: https://www.econbiz.de/10001355224

Avoiding default : the role of credit in the consumption collapse of 1930

Olney, Martha L. - In: The quarterly journal of economics 114 (1999) 1, pp. 319-335

Persistent link: https://www.econbiz.de/10001368951

Consumer bankruptcy and chapter choice : state panel evidence

Nelson, Jon Paul - In: Contemporary economic policy : a journal of Western … 17 (1999) 4, pp. 552-566

Persistent link: https://www.econbiz.de/10001447739

The Macroeconomics of U.S. Consumer Bankruptcy Choice : Chapter 7 or Chapter 13?

Li, Wenli - 2012

Because of the recent surge in U.S. personal defaults, Congress is currently debating bankruptcy reform legislation requiring a means test for Chapter 7 filers. This paper explores the effects of such a reform in a model where, in contrast to previous work, bankruptcy options and production are...

Persistent link: https://www.econbiz.de/10013097246

To Forgive or Not to Forgive : An Analysis of U.S. Consumer Bankruptcy Choices

Li, Wenli - 2012

An analysis of existing U.S. bankruptcy law and its provisions suggests that they encourage people to borrow to save and that, in particular, Chapter 13 discourages labor effort. Evidently, three proposed reforms to the law — namely, a decrease in the asset exemption level, a reduction in wage...

Persistent link: https://www.econbiz.de/10013097311

Consumer Bankruptcy Regimes in the US and Europe : Further Effects and Implications of the Crisis

Gerhardt, Maria - 2009

Consumer insolvency is a topic that has gained much prominence in the context of the financial crisis on both sides of … quite different approaches: the UK, Ireland, Germany, France and Spain. Since there is no law on consumer insolvency in … which bankruptcy procedures are the most appropriate. After a short presentation of each insolvency procedure, the …

Persistent link: https://www.econbiz.de/10013157783

Cohort Analysis of the U.S. Consumer Bankruptcy

Ikwueze, Chukwudi - 2018

This paper examines how the effects of the aging process, period-specific events, and birth cohorts explain U.S. consumer bankruptcy filings, based on secondary data from the Institute for Financial Literacy (IFL) and the American Association of Retired Persons (AARP). Bankrupt consumers are...

Persistent link: https://www.econbiz.de/10012909701

An Anatomy of U.S. Personal Bankruptcy Under Chapter 13

Eraslan, Hulya - 2017

We build a structural model of Chapter 13 bankruptcy that captures salient features of personal bankruptcy under Chapter 13. We estimate our model using a novel data set that we construct from bankruptcy court dockets recorded in Delaware in 2001 and 2002. Our estimation results highlight the...

Persistent link: https://www.econbiz.de/10012970125

Consumer bankruptcy prediction using balanced and imbalanced data

Brygała, Magdalena - In: Risks : open access journal 10 (2022) 2, pp. 1-13

This paper examines the usefulness of logit regression in forecasting the consumer bankruptcy of households using an imbalanced dataset. The research on consumer bankruptcy prediction is of paramount importance as it aims to build statistical models that can identify consumers in a difficult...

Persistent link: https://www.econbiz.de/10012805903

An Anatomy of U.S. Personal Bankruptcy Under Chapter 13

Eraslan, Hulya - 2014

We build a structural model of Chapter 13 bankruptcy that captures salient features of personal bankruptcy under Chapter 13. We estimate our model using a novel data set we construct from bankruptcy court dockets recorded in Delaware between 2001 and 2002. Our estimation results highlight the...

Persistent link: https://www.econbiz.de/10013044785