Joint liability borrowing and suicide: The case of Japan

Joe Chen, Yun Jeong Choi and Yasuyuki Sawada

Economics Letters, 2010, vol. 109, issue 2, 69-71

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.

Keywords: Joint; liability; Suicide; Stigma (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:109:y:2010:i:2:p:69-71

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