Comments on: Explaining the Puzzle of Cross-State Differences in Bankruptcy Rates http://timesandseasons.org/index.php/2009/06/explaining-the-puzzle-of-crossstate-differences-in-bankruptcy-rates/ Truth Will Prevail Fri, 25 May 2012 12:03:52 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Frank McIntyre http://timesandseasons.org/index.php/2009/06/explaining-the-puzzle-of-crossstate-differences-in-bankruptcy-rates/#comment-295092 Frank McIntyre Mon, 06 Jul 2009 15:17:50 +0000 http://timesandseasons.org/?p=8766#comment-295092 Thanks, Clair. To be extra fair, I don't know if the guy I talked to was working on this bankruptcy project or a different one. Thus it is possible that the author of the article you cited didn't know about our paper. Thanks, Clair. To be extra fair, I don’t know if the guy I talked to was working on this bankruptcy project or a different one. Thus it is possible that the author of the article you cited didn’t know about our paper.

]]> By: Clair http://timesandseasons.org/index.php/2009/06/explaining-the-puzzle-of-crossstate-differences-in-bankruptcy-rates/#comment-295088 Clair Mon, 06 Jul 2009 14:21:47 +0000 http://timesandseasons.org/?p=8766#comment-295088 The AP should have cited your paper, especially since they knew about it in advance. The AP is showing a trend of becoming a self-interested maker of news, rather than a disseminator of news - more editorials, etc. I think that jeopardizes their credibility, as they are competing with their subscribers. The AP should have cited your paper, especially since they knew about it in advance.

The AP is showing a trend of becoming a self-interested maker of news, rather than a disseminator of news – more editorials, etc. I think that jeopardizes their credibility, as they are competing with their subscribers.

]]> By: Frank McIntyre http://timesandseasons.org/index.php/2009/06/explaining-the-puzzle-of-crossstate-differences-in-bankruptcy-rates/#comment-295068 Frank McIntyre Mon, 06 Jul 2009 01:16:52 +0000 http://timesandseasons.org/?p=8766#comment-295068 Clair, I spoke with a guy from the AP a little while ago who wanted some advice with a bankruptcy project and how to do it. He knew about our paper, so it's possible they only did their work after seeing ours. Which would not be surprising, as our paper has been circulating for a couple years. It is sort of funny that it came out right now, a week after ours got published. It is also quite possible that they started working on it independently, and then saw our paper later. Once you see the connection, it's pretty obvious. Clair,

I spoke with a guy from the AP a little while ago who wanted some advice with a bankruptcy project and how to do it. He knew about our paper, so it’s possible they only did their work after seeing ours. Which would not be surprising, as our paper has been circulating for a couple years. It is sort of funny that it came out right now, a week after ours got published.

It is also quite possible that they started working on it independently, and then saw our paper later. Once you see the connection, it’s pretty obvious.

]]> By: Clair http://timesandseasons.org/index.php/2009/06/explaining-the-puzzle-of-crossstate-differences-in-bankruptcy-rates/#comment-295065 Clair Sun, 05 Jul 2009 22:38:20 +0000 http://timesandseasons.org/?p=8766#comment-295065 Frank, Today the AP has printed results from their study showing a relationship between bankruptcies and garnishment laws. Was that a parallel effort, or related to your study? The press has a hard time getting economics right, but this time they may have stumbled onto valid conclusion. Frank,

Today the AP has printed results from their study showing a relationship between bankruptcies and garnishment laws. Was that a parallel effort, or related to your study?

The press has a hard time getting economics right, but this time they may have stumbled onto valid conclusion.

]]> By: Frank McIntyre http://timesandseasons.org/index.php/2009/06/explaining-the-puzzle-of-crossstate-differences-in-bankruptcy-rates/#comment-294916 Frank McIntyre Wed, 01 Jul 2009 19:06:15 +0000 http://timesandseasons.org/?p=8766#comment-294916 David, I honestly can't remember, but I don't think I tried too hard (as it was just a side question for personal interest, rather than part of the main study). I probably found some dataset through ICPSR (The Michigan data warehouse). Certainly not the census. If you really need to know, I might be able to hunt through old files and figure out where I got it. David,

I honestly can’t remember, but I don’t think I tried too hard (as it was just a side question for personal interest, rather than part of the main study). I probably found some dataset through ICPSR (The Michigan data warehouse). Certainly not the census.

If you really need to know, I might be able to hunt through old files and figure out where I got it.

]]> By: David Hedengren http://timesandseasons.org/index.php/2009/06/explaining-the-puzzle-of-crossstate-differences-in-bankruptcy-rates/#comment-294915 David Hedengren Wed, 01 Jul 2009 18:39:57 +0000 http://timesandseasons.org/?p=8766#comment-294915 Frank, Congrats on the publication! I've been citing this paper in bankruptcy and Mormonism discussions since we read it in Public Econ. It'll be nice to have an easier way to cite it "than this cool study I once read in school." A quick question if you don't mind. Where did you get county level religious concentration data? Does the census track that (I noticed you cite in the paper them for ZCTA demographic data)? I can never find anything on religion in the public data. Frank,

Congrats on the publication! I’ve been citing this paper in bankruptcy and Mormonism discussions since we read it in Public Econ. It’ll be nice to have an easier way to cite it “than this cool study I once read in school.”

A quick question if you don’t mind. Where did you get county level religious concentration data? Does the census track that (I noticed you cite in the paper them for ZCTA demographic data)? I can never find anything on religion in the public data.

]]> By: Kevin Barney http://timesandseasons.org/index.php/2009/06/explaining-the-puzzle-of-crossstate-differences-in-bankruptcy-rates/#comment-294914 Kevin Barney Wed, 01 Jul 2009 18:02:44 +0000 http://timesandseasons.org/?p=8766#comment-294914 Outstanding work, Frank. Outstanding work, Frank.

]]> By: Peter LLC http://timesandseasons.org/index.php/2009/06/explaining-the-puzzle-of-crossstate-differences-in-bankruptcy-rates/#comment-294901 Peter LLC Wed, 01 Jul 2009 11:55:58 +0000 http://timesandseasons.org/?p=8766#comment-294901 <i>Exemption rates, size of public safety nets, and payday loan regulations contribute virtually nothing to the cross-state variance in filing rates.</i> So dispensing with welfare will have no negative effect? Let's do it! Exemption rates, size of public safety nets, and payday loan regulations contribute virtually nothing to the cross-state variance in filing rates.

So dispensing with welfare will have no negative effect? Let’s do it!

]]> By: Ziff http://timesandseasons.org/index.php/2009/06/explaining-the-puzzle-of-crossstate-differences-in-bankruptcy-rates/#comment-294894 Ziff Wed, 01 Jul 2009 05:42:53 +0000 http://timesandseasons.org/?p=8766#comment-294894 Frank, this is awesome! It's rare enough that something argued in the Bloggernacle gets illuminated by actual published research. And here you've gone and published your <i>own</i> research to answer an issue that's been raised. This is a pretty high standard for the rest of us to live up to, so I hope you don't mind if we just continue to argue without evidence. :) Frank, this is awesome! It’s rare enough that something argued in the Bloggernacle gets illuminated by actual published research. And here you’ve gone and published your own research to answer an issue that’s been raised. This is a pretty high standard for the rest of us to live up to, so I hope you don’t mind if we just continue to argue without evidence. :)

]]> By: Frank McIntyre http://timesandseasons.org/index.php/2009/06/explaining-the-puzzle-of-crossstate-differences-in-bankruptcy-rates/#comment-294893 Frank McIntyre Wed, 01 Jul 2009 04:06:15 +0000 http://timesandseasons.org/?p=8766#comment-294893 DCL, The regressions in question control for things like income and urbanization, so i don't think what we are picking up as Mormonism are those effects. Frankly I am suspicious that being Mormon is very strongly related to bankruptcy rates. But if it is related, my best guess based on what I've seen is that being an active Mormon would decrease the probability of credit default (both informal and through bankruptcy). DCL,

The regressions in question control for things like income and urbanization, so i don’t think what we are picking up as Mormonism are those effects. Frankly I am suspicious that being Mormon is very strongly related to bankruptcy rates. But if it is related, my best guess based on what I’ve seen is that being an active Mormon would decrease the probability of credit default (both informal and through bankruptcy).

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