Joint liability borrowing and suicide: The case of Japan

Joe Chen, Yun Jeong Choi, Yasuyuki Sawada

Research output: Contribution to journalArticle

8 Citations (Scopus)

Abstract

This paper develops a model for joint liability borrowings that facilitates credit market transactions ex ante, but may induce the borrower's suicide ex post through the stigma associated with default. A Japanese suicide survey provides some supportive evidence.

Original languageEnglish
Pages (from-to)69-71
Number of pages3
JournalEconomics Letters
Volume109
Issue number2
DOIs
Publication statusPublished - 2010 Nov 1

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All Science Journal Classification (ASJC) codes

  • Finance
  • Economics and Econometrics

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