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A look at household bankruptcies

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  • Mamie Marcuss
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    Abstract

    In recent years, a record number of U.S. households have declared bankruptcy. This article explores the possible causes and potential effects of the rising rate of insolvent households.

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    File URL: http://www.bostonfed.org/commdev/c&b/2004/spring/Bankruptcies.pdf
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    Bibliographic Info

    Article provided by Federal Reserve Bank of Boston in its journal Communities and Banking.

    Volume (Year): (2004)
    Issue (Month): Spr ()
    Pages: 15-20

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    Handle: RePEc:fip:fedbcb:y:2004:i:spr:p:15-20

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    Related research

    Keywords: Bankruptcy ; Finance; Personal;

    References

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    1. Igor Livshits & James MacGee & Michele Tertilt, 2005. "Consumer Bankruptcy: A Fresh Start," Discussion Papers 04-011, Stanford Institute for Economic Policy Research.
    2. Joanna Stavins, 2000. "Credit card borrowing, delinquency, and personal bankruptcy," New England Economic Review, Federal Reserve Bank of Boston, issue Jul, pages 15-30.
    3. Scott Fay & Erik Hurst & Michelle J. White, 2002. "The Household Bankruptcy Decision," American Economic Review, American Economic Association, vol. 92(3), pages 706-718, June.
    4. Mark Furletti, 2003. "Consumer bankruptcy: how unsecured lenders fare," Payment Cards Center Discussion Paper 03-17, Federal Reserve Bank of Philadelphia.
    5. Fay, S. & Hurst, E. & White, M.J., 1998. "The Bankruptcy Decision: Does Stigma Matter?," Papers 98-01, Michigan - Center for Research on Economic & Social Theory.
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