Please use this identifier to cite or link to this item: http://bura.brunel.ac.uk/handle/2438/8360
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dc.contributor.authorGrant, C-
dc.contributor.authorKoeniger, W-
dc.date.accessioned2014-04-29T14:50:15Z-
dc.date.available2014-04-29T14:50:15Z-
dc.date.issued2009-
dc.identifier.citationJournal of Law and Economics, 52(3), 445 - 467, 2009en_US
dc.identifier.issn0022-2186-
dc.identifier.urihttp://www.jstor.org/stable/10.1086/591477en
dc.identifier.urihttp://bura.brunel.ac.uk/handle/2438/8360-
dc.descriptionCopyright @ 2009 by The University of Chicago.en_US
dc.description.abstractPersonal 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.languageEnglish-
dc.language.isoenen_US
dc.publisherUniversity of Chicago Pressen_US
dc.subjectBankruptcyen_US
dc.subjectRedistributive taxationen_US
dc.subjectConsumption growthen_US
dc.subjectRisken_US
dc.titleRedistributive taxation and personal bankruptcy in US statesen_US
dc.typeArticleen_US
dc.identifier.doihttp://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
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Dept of Economics and Finance Research Papers

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