Search Results - subject:"Bankruptcy"

Australian money advice and debt management system

2023

In Australia, financial hardship caused by over-indebtedness is no longer only experienced by the most vulnerable social group but is now prevalent among the general population. This scoping paper analyses the money advice and debt management system in Australia with emphasis on their...

Persistent link: https://www.econbiz.de/10013541872

Toward good practice : a review of money advice services and debt management systems in Ireland, the United Kingdom, France and Germany

Stamp, Stuart - 2023

Over-indebtedness, defined as the inability for a household to meet both essential living expenses and debt repayments, continues to be a significant phenomenon throughout Europe. The problem plays out differently in various countries depending on the relevant credit market, culture around...

Persistent link: https://www.econbiz.de/10013541887

Credit counselling and debt management services in the United States

2023

This scoping paper outlines credit counselling and debt management structures in the United States and their effectiveness in improving consumers' financial management status. First, various public and private credit counselling systems are explained with a focus on each institution's roles and...

Persistent link: https://www.econbiz.de/10013541894

The emergence of debt and secular stagnation in an unequal society : a stockflow consistent agent-based approach

Gräbner-Radkowitsch, Claudius; Hornykewycz, Anna; … - 2022

We use an agent-based stock-flow consistent model of a closed economy without technological change that considers different classes of households, status consumption and a Minskyan banking sector to analyze the relationship between rising saving rates, the accumulation and distribution of...

Persistent link: https://www.econbiz.de/10012818125

Household credit : regulation, constraints and macroeconomic implications

Eryzhenskiy, Ilya - 2022

Persistent link: https://www.econbiz.de/10012819355

Consumer bankruptcy prediction using balanced and imbalanced data

Brygała, Magdalena - In: Risks : open access journal 10 (2022) 2, pp. 1-13

This paper examines the usefulness of logit regression in forecasting the consumer bankruptcy of households using an … imbalanced dataset. The research on consumer bankruptcy prediction is of paramount importance as it aims to build statistical … models that can identify consumers in a difficult financial situation that may lead to consumer bankruptcy. In the face of …

Persistent link: https://www.econbiz.de/10012805903