| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21032 |
| 来源ID | Working Paper 21032 |
| Consumer Bankruptcy and Financial Health | |
| Will Dobbie; Paul Goldsmith-Pinkham; Crystal Yang | |
| 发表日期 | 2015-03-23 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | This paper estimates the effect of Chapter 13 bankruptcy protection on post-filing financial outcomes using a new dataset linking bankruptcy filings to credit bureau records. Our empirical strategy uses the leniency of randomly-assigned judges as an instrument for Chapter 13 protection. Over the first five post-filing years, we find that Chapter 13 protection decreases an index measuring adverse financial events such as civil judgments and repossessions by 0.316 standard deviations, increases the probability of being a homeowner by 13.2 percentage points, and increases credit scores by 14.9 points. Chapter 13 protection has little impact on open unsecured debt, but decreases the amount of debt in collections by $1,315. |
| 主题 | Microeconomics ; Households and Firms ; Other ; Law and Economics |
| URL | https://www.nber.org/papers/w21032 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578704 |
| 推荐引用方式 GB/T 7714 | Will Dobbie,Paul Goldsmith-Pinkham,Crystal Yang. Consumer Bankruptcy and Financial Health. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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