AN ANATOMY OF U.S. PERSONAL BANKRUPTCY UNDER CHAPTER 13

Hülya Eraslan; Gizem Koşar; Wenli Li; Pierre Daniel Sarte

doi:10.1111/iere.12231

AN ANATOMY OF U.S. PERSONAL BANKRUPTCY UNDER CHAPTER 13

Hülya Eraslan
, Gizem Koşar
, Wenli Li^*
, Pierre Daniel Sarte

^*Bu çalışma için yazışmadan sorumlu yazar

Araştırma sonucu: Dergiye katkı › Makale › bilirkişi

4 Atıf (Scopus)

Özet

We 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.

Orijinal dil	İngilizce
Sayfa (başlangıç-bitiş)	671-702
Sayfa sayısı	32
Dergi	International Economic Review
Hacim	58
Basın numarası	3
DOI'lar	https://doi.org/10.1111/iere.12231
Yayın durumu	Yayınlandı - Ağu 2017
Harici olarak yayınlandı	Evet

Bibliyografik not

Publisher Copyright:
© (2017) by the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association

Belgeye Erişim

10.1111/iere.12231

Diğer Dosyalar ve Linkler

Link to publication in Scopus

Alıntı Yap

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title = "AN ANATOMY OF U.S. PERSONAL BANKRUPTCY UNDER CHAPTER 13",

abstract = "We 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.",

author = "H{\"u}lya Eraslan and Gizem Ko{\c s}ar and Wenli Li and Sarte, \{Pierre Daniel\}",

note = "Publisher Copyright: {\textcopyright} (2017) by the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association",

year = "2017",

month = aug,

doi = "10.1111/iere.12231",

language = "English",

volume = "58",

pages = "671--702",

journal = "International Economic Review",

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T1 - AN ANATOMY OF U.S. PERSONAL BANKRUPTCY UNDER CHAPTER 13

AU - Eraslan, Hülya

AU - Koşar, Gizem

AU - Li, Wenli

AU - Sarte, Pierre Daniel

PY - 2017/8

Y1 - 2017/8

N2 - We 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.

AB - We 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.

UR - https://www.scopus.com/pages/publications/85028353870

U2 - 10.1111/iere.12231

DO - 10.1111/iere.12231

M3 - Article

AN - SCOPUS:85028353870

SN - 0020-6598

VL - 58

SP - 671

EP - 702

JO - International Economic Review

JF - International Economic Review

IS - 3

ER -

AN ANATOMY OF U.S. PERSONAL BANKRUPTCY UNDER CHAPTER 13

Özet

Bibliyografik not

Belgeye Erişim

Diğer Dosyalar ve Linkler

Parmak izi

Alıntı Yap