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005 | 20240318100043.0 | ||
008 | 240311b |||||||| |||| 00| 0 eng d | ||
022 | _a00222186 | ||
040 |
_aMSU _bEnglish _cMSU _erda |
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050 | 0 | 0 | _aHB73 JOU |
100 | 1 |
_aGrant, Charles _eauthor |
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245 | 1 | 0 |
_aRedistributive taxation and personal bankruptcy in U.S. States/ _ccreated by Charles Grant and Winfried Koeniger |
264 | 1 |
_aChicago : _bUniversity of Chicago Press, _c2009. |
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336 |
_2rdacontent _atext _btxt |
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337 |
_2rdamedia _aunmediated _bn |
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338 |
_2rdacarrier _avolume _bnc |
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440 |
_aJournal of Law and Economics _vVolume 52, number 3 |
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520 | _aPersonal bankruptcy regulation and redistributive taxes and transfers vary considerably across U.S. states and over time. Our hypothesis is that both policies are imperfect substitutes in insuring consumption of riskāaverse agents in incomplete markets. Exploiting data variation over time for 18 U.S. states for the period 1980-2003, we find considerable support for this hypothesis: redistributive taxation and bankruptcy exemptions are negatively correlated, and both policies are associated with more equal consumption growth | ||
650 |
_aBankruptcy exemptions _vConsumer bankruptcy _xConsumption taxes |
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650 |
_aHomestead exemption _vIncome taxes _xInsurance policies |
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650 |
_aPersonal bankruptcy _vState income tax _xTax exemptions |
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700 | 1 |
_aKoeniger, Winfried _eco author |
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856 | _uhttps://doi.org/10.1086/591477 | ||
942 |
_2lcc _cJA |
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999 |
_c164252 _d164252 |