Liquidity Constraints and Consumer Bankruptcy: Evidence from Tax Rebates
收藏NBER2012-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17807
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资源简介：
This paper estimates the extent to which legal fees prevent liquidity-constrained households from declaring bankruptcy. To do so, it studies how the 2001 and 2008 tax rebates affected consumer bankruptcy filings. We exploit the randomized timing of the rebate checks and estimate that the rebates
提供机构：
美国国家经济研究局
创建时间：
2012-02-01
