An Anatomy of U.S. Personal Bankruptcy under Chapter 13

dc.citation.firstpage671en_US
dc.citation.issueNumber3en_US
dc.citation.journalTitleInternational Economic Reviewen_US
dc.citation.lastpage702en_US
dc.citation.volumeNumber58en_US
dc.contributor.authorEraslan, Hülyaen_US
dc.contributor.authorKoşar, Gizemen_US
dc.contributor.authorLi, Wenlien_US
dc.contributor.authorSarte, Pierre-Danielen_US
dc.date.accessioned2017-11-17T14:39:05Zen_US
dc.date.available2017-11-17T14:39:05Zen_US
dc.date.issued2017en_US
dc.description.abstractWe build a structural model that captures salient features of personal bankruptcy under Chapter 13. We estimate our model using a novel data set that we construct from bankruptcies filed in Delaware between 2001 and 2002. Our estimation results highlight the importance of a debtor's choice of repayment plan length on other Chapter 13 outcomes. We use the estimated model to conduct policy experiments to evaluate the impact of more stringent laws that impose restrictions on the length of repayment plans. We find that these provisions would not materially affect creditor recovery rates and would not necessarily make discharge more likely.en_US
dc.identifier.citationEraslan, Hülya, Koşar, Gizem, Li, Wenli, et al.. "An Anatomy of U.S. Personal Bankruptcy under Chapter 13." <i>International Economic Review,</i> 58, no. 3 (2017) Wiley: 671-702. https://doi.org/10.1111/iere.12231.en_US
dc.identifier.digitalrevision160705en_US
dc.identifier.doihttps://doi.org/10.1111/iere.12231en_US
dc.identifier.urihttps://hdl.handle.net/1911/98840en_US
dc.language.isoengen_US
dc.publisherWileyen_US
dc.rightsThis is an author's peer-reviewed final manuscript, as accepted by the publisher. The published article is copyrighted by the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.en_US
dc.titleAn Anatomy of U.S. Personal Bankruptcy under Chapter 13en_US
dc.typeJournal articleen_US
dc.type.dcmiTexten_US
dc.type.publicationpost-printen_US
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