Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/266511 
Year of Publication: 
2022
Series/Report no.: 
Discussion Papers No. 22-06
Publisher: 
University of Bern, Department of Economics, Bern
Abstract: 
We analyze the impact of credit default on individual trajectories. Using a proprietary dataset for the years 2004-2020, we find that after default individuals relocate to cheaper areas. Importantly, default has long-lasting negative effects on income, credit score, total credit limit, and home-ownership status.AWe analyze the impact of credit default on individual trajectories. Using a proprietary dataset for the years 2004-2020, we find that after default individuals relocate to cheaper areas. Importantly, default has long-lasting negative effects on income, credit score, total credit limit, and home-ownership status.
Subjects: 
mobility
bankruptcy
default
credit
income
JEL: 
J61
G51
D12
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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