Citation

Chen J, Choi YJ, Sawada Y. Econ. Lett. 2010; 109(2): 69-71.

Copyright

(Copyright © 2010, Elsevier Publishing)

DOI

10.1016/j.econlet.2010.08.007

PMID

unavailable

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. © 2010 Elsevier B.V.

Language: en

Keywords

Suicide; Stigma; Joint liability