Joint liability borrowing and suicide: The case of Japan
AbstractThis paper develops a model for joint liability borrowings that facilitates credit market transactions ex ante, but may induce the borrower's suicide ex post through the stigma associated with default. A Japanese suicide survey provides some supportive evidence.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 109 (2010)
Issue (Month): 2 (November)
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Web page: http://www.elsevier.com/locate/ecolet
Joint liability Suicide Stigma;
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