PERSONAL BANKRUPTCIES FROM MACROECONOMIC PERSPECTIVE
Jan Kubalek (),
Dagmar Camska () and
Jiri Strouhal ()
Additional contact information
Jan Kubalek: University of Economics, Prague
Dagmar Camska: Czech Technical University in Prague
Jiri Strouhal: Czech Technical University in Prague
International Journal of Entrepreneurial Knowledge, 2017, vol. 5, issue 2, 78-88
Personal bankruptcies are traditionally discussed from legal, microeconomic or social point of view. This paper focuses on the development of personal bankruptcies in the Czech Republic during the time period 2008-2016 and aims to connect performance of economy and the development of personal bankruptcies. As statistical tools there are used descriptive statistics and regression and correlation analysis. For the economy performance are used the measures of GDP, unemployment rate, household indebtedness and share of debts in default. Based on the results of the analysis there shall be said that lower economic performance influences increasing number of personal bankruptcies. This conclusion has significant consequences for the government and its politics, banks and other financial institutions.
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://ijek.org/files/IJEK_2-2017v5/IJEK-2-2017,v. ... ka,d.strouhal,j..pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:jek:journl:v:5:y:2017:i:2:p:78-88
Access Statistics for this article
International Journal of Entrepreneurial Knowledge is currently edited by Aleksandr Kljucnikov
More articles in International Journal of Entrepreneurial Knowledge from VSP Ostrava, a. s. Contact information at EDIRC.
Series data maintained by Aleksandr Kljucnikov ().