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Diane Publishing Books
Equilibrium Models of Personal Bankruptcy: A Survey: A Reprint from the Journal, “Economic Quarterly”
Kartik Athreya (au)
A comparison of models & results from selected papers on personal bankruptcy establishes how particular modeling assumptions matter for the implications of bankruptcy. For example, it can be argued that only under income processes that allow for large shocks to net worth can bankruptcy play a role in improving welfare. However, despite the progress evident from the work so far, questions remain, the resolution of which is critical to forming a definitive view of the role for personal default. Illustrations.
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Around the American Table: Treasured Recipes & Food Traditions from the American Cookery Collections of the New York Public Library
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