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Fresh start or head start? : Uniform bankruptcy exemptions and welfare
Athreya, Kartik B. (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001758865
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The macroeconomics of US consumer bankruptcy choice : chapter 7 or chapter 13?
Li, Wenli (contributor); Sarte, Pierre-Daniel (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001717052
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Personal bankruptcy of public insurance?
Athreya, Kartik B. (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001886354
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Loan guarantees for consumer credit markets
Athreya, Kartik B.; Tam, Xuan S.; Young, Eric R. - Federal Reserve Bank of Richmond - 2011
Loan guarantees are arguably the most widely used policy intervention in credit markets, especially for consumers. This may be natural, as they have several features that, a priori, suggest that they might be particularly effective in improving allocations. However, despite this, little is...
Persistent link: https://www.econbiz.de/10009320869
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On the optimality of Ramsey taxes in Mirless economies
Grochulski, Borys - Federal Reserve Bank of Richmond - 2010
personal bankruptcy to obtain insurance. Taxes are levied to fund government expenditures. An optimal tax system consists of …
Persistent link: https://www.econbiz.de/10008764358
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The role of information in the rise in consumer bankruptcies
Sanchez, Juan M. - Federal Reserve Bank of Richmond - 2009
significant effect on the bankruptcy rate. Additionally, a drop in information costs generates changes in other variables (e …
Persistent link: https://www.econbiz.de/10004965399
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Credit and self-employment
Athreya, Kartik; Akyol, Ahmet - Federal Reserve Bank of Richmond - 2009
Limited personal liability for debts has long been justified as a tool to promote entrepreneurial risk taking by providing insurance to the borrower in the event of low returns. Nonetheless, such limits erode repayment incentives, and so may increase unsecured borrowing costs. Our paper is the...
Persistent link: https://www.econbiz.de/10004965400
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Are harsh penalties for default really better?
Athreya, Kartik B.; Tam, Xuan S.; Young, Eric R. - Federal Reserve Bank of Richmond - 2009
How might society ensure the allocation of credit to those who lack meaningful collateral? Two very different options that have each been pursued by a variety of societies through time and space are (i) relatively harsh penalties for default and, more recently, (ii) loan guarantee programs that...
Persistent link: https://www.econbiz.de/10005009950
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A quantitative theory of information and unsecured credit
Athreya, Kartik; Tam, Xuan S.; Young, Eric R. - Federal Reserve Bank of Richmond - 2011
) rising bankruptcy rates and discharge in bankruptcy, (4) rising dispersion in interest rates across households, and (5) the …
Persistent link: https://www.econbiz.de/10005387445
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The anatomy of U.S. personal bankruptcy under Chapter 13
Eraslan, Hülya; Li, Wenli; Sarte, Pierre-Daniel G. - Federal Reserve Bank of Richmond - 2007
By compiling a novel dataset from bankruptcy court dockets recorded in Delaware between 2001 and 2002, we build and … estimate a structural model of Chapter 13 bankruptcy. This allows us to quantify how key debtor characteristics, including … whether they are experiencing bankruptcy for the first time, their past due secured debt at the time of filing, and income in …
Persistent link: https://www.econbiz.de/10004993867