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

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dc.citation.firstpage671
dc.citation.issueNumber3
dc.citation.journalTitleInternational Economic Review
dc.citation.lastpage702
dc.citation.volumeNumber58
dc.contributor.authorEraslan, Hülya
dc.contributor.authorKoşar, Gizem
dc.contributor.authorLi, Wenli
dc.contributor.authorSarte, Pierre-Daniel
dc.date.accessioned2017-11-17T14:39:05Z
dc.date.available2017-11-17T14:39:05Z
dc.date.issued2017
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.
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.
dc.identifier.digitalrevision160705
dc.identifier.doihttps://doi.org/10.1111/iere.12231
dc.identifier.urihttps://hdl.handle.net/1911/98840
dc.language.isoeng
dc.publisherWiley
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.
dc.titleAn Anatomy of U.S. Personal Bankruptcy under Chapter 13
dc.typeJournal article
dc.type.dcmiText
dc.type.publicationpost-print
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