Macroeconomic Effects of Debt Relief: Consumer Bankruptcy Protections in the Great Recession
收藏NBER2019-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25685
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资源简介:
This paper argues that the debt forgiveness provided by the U.S. consumer bankruptcy system helped stabilize employment levels during the Great Recession. We document that over this period, states with more generous bankruptcy exemptions had significantly smaller declines in non-tradable employment
提供机构:
美国国家经济研究局
创建时间:
2019-03-01



