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DC Field | Value | Language |
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dc.contributor.author | Grant, C | - |
dc.contributor.author | Koeniger, W | - |
dc.date.accessioned | 2014-04-29T14:50:15Z | - |
dc.date.available | 2014-04-29T14:50:15Z | - |
dc.date.issued | 2009 | - |
dc.identifier.citation | Journal of Law and Economics, 52(3), 445 - 467, 2009 | en_US |
dc.identifier.issn | 0022-2186 | - |
dc.identifier.uri | http://www.jstor.org/stable/10.1086/591477 | en |
dc.identifier.uri | http://bura.brunel.ac.uk/handle/2438/8360 | - |
dc.description | Copyright @ 2009 by The University of Chicago. | en_US |
dc.description.abstract | Personal bankruptcy regulation and redistributive taxes and transfers vary considerably across U.S. states and over time. Our hypothesis is that both policies are imperfect substitutes in insuring consumption of risk‐averse agents in incomplete markets. Exploiting data variation over time for 18 U.S. states for the period 1980–2003, we find considerable support for this hypothesis: redistributive taxation and bankruptcy exemptions are negatively correlated, and both policies are associated with more equal consumption growth. | en_US |
dc.language | English | - |
dc.language.iso | en | en_US |
dc.publisher | University of Chicago Press | en_US |
dc.subject | Bankruptcy | en_US |
dc.subject | Redistributive taxation | en_US |
dc.subject | Consumption growth | en_US |
dc.subject | Risk | en_US |
dc.title | Redistributive taxation and personal bankruptcy in US states | en_US |
dc.type | Article | en_US |
dc.identifier.doi | http://dx.doi.org/10.1086/591477 | - |
pubs.organisational-data | /Brunel | - |
pubs.organisational-data | /Brunel/Brunel Active Staff | - |
pubs.organisational-data | /Brunel/Brunel Active Staff/School of Social Sciences | - |
pubs.organisational-data | /Brunel/Brunel Active Staff/School of Social Sciences/Economics and Finance | - |
Appears in Collections: | Economics and Finance Publications Dept of Economics and Finance Research Papers |
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Fulltext.pdf | 183.35 kB | Adobe PDF | View/Open |
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