Why Don't More Households File for Bankruptcy?
Although U.S. bankruptcy ling rates are at an all-time high, I argue in this paper that many more households would benet nancially from ling for bankruptcy than actually le. While the current bankruptcy ling rate is slightly above one percent of households each year, I calculate that at least 15% of households would benet nancially from ling and the actual gure could be several times higher if households tend to behave strategically in planning for bankruptcy.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||1998|
|Contact details of provider:|| Postal: UNIVERSITY OF MICHIGAN, DEPARTMENT OF ECONOMICS CENTER FOR RESEARCH ON ECONOMIC AND SOCIAL THEORY, ANN ARBOR MICHIGAN U.S.A.|
When requesting a correction, please mention this item's handle: RePEc:fth:michet:98-03. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel)
If references are entirely missing, you can add them using this form.