Posts Tagged ‘ bankruptcy ’

Explaining the Puzzle of Cross-State Differences in Bankruptcy Rates

June 30, 2009 | 39 comments

Bankruptcy rates vary alot across states.  With a fairly simple statistical model, Lars Lefgren and I explain about 70% of these differences in a paper just published in the Journal of Law and Economics.   For cross sectional work using survey data, where you are looking across states at a point in time, explaining 70% is pretty darn impressive. Read more »