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Consumer Bankruptcy, Mortgage Default and Labor Supply

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NBER2022-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w29868
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资源简介:
We specify and estimate a lifecycle model of consumption, housing demand and labor supply in an environment where individuals may file for bankruptcy or default on their mortgage. Uncertainty in the model is driven by house price shocks, {education specific} productivity shocks, and catastrophic
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2022-03-01
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