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Bankruptcy Filings in the Third District During COVID-19

Author

Listed:
  • Wenli Li
  • Tashiro Ryotaro
  • Solomon H. Tarlin

Abstract

Early in the pandemic, unemployment rose dramatically. As the crisis deepens, what will happen to households and firms? We chart the past and future course of business and personal bankruptcy rates.

Suggested Citation

  • Wenli Li & Tashiro Ryotaro & Solomon H. Tarlin, 2020. "Bankruptcy Filings in the Third District During COVID-19," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 5(3), pages 15-22, September.
    • Handle: RePEc:fip:fedpei:88741
    as

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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/economic-insights/2020/q3/eiq320-bankruptcies.pdf
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    References listed on IDEAS

    as
    1. Farboodi, Maryam & Jarosch, Gregor & Shimer, Robert, 2021. "Internal and external effects of social distancing in a pandemic," Journal of Economic Theory, Elsevier, vol. 196(C).
    2. Matthew Famiglietti & Fernando Leibovici, 2020. "COVID-19’s Shock on Firms’ Liquidity and Bankruptcy: Evidence from the Great Recession," Economic Synopses, Federal Reserve Bank of St. Louis, issue 7, March.
    3. Thomas A. Garrett, 2007. "The rise in personal bankruptcies: the Eighth Federal Reserve District and beyond," Review, Federal Reserve Bank of St. Louis, vol. 89(Jan), pages 15-38.
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