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FEDSPEAK: The Causes of Household Bankruptcy – The Interaction of Income Shocks and Balance Sheets
Sunday, July 24, 2016 11:33
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The Causes of Household Bankruptcy: The Interaction of Income Shocks and Balance Sheets Abstract We examine how household balance sheets and income statements interact to affect bankruptcy decisions following an exogenous income shock. For identification, we exploit government payments in one but not any other Canadian province that varied exogenously based on family size. Receiving … Read more
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Source: http://4closurefraud.org/2016/07/24/fedspeak-the-causes-of-household-bankruptcy-the-interaction-of-income-shocks-and-balance-sheets/
