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The Social Cost of Bad Debt

Erwin Graue

The Quarterly Journal of Economics, 1939, vol. 53, issue 3, 477-486

Abstract: The problem and the data, 477.—Organic vs. inorganic changes, 479.—Bankruptcy liabilities, 1900–21, 479.—Bankruptcy liabilities, 1922–29, 481.—The economic setting of the period, 482.—Comparison between debt and trends of other economic factors, 483.—Difficulties facing creditors, 483.—Conclusions, 485.

Date: 1939
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The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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