Joint liability borrowing and suicide: The case of Japan

Joe Chen; Yun Jeong Choi; Yasuyuki Sawada

doi:10.1016/j.econlet.2010.08.007

Joint liability borrowing and suicide: The case of Japan

Joe Chen, Yun Jeong Choi, Yasuyuki Sawada

Department of Economics

Research output: Contribution to journal › Article › peer-review

10 Citations (Scopus)

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.

Original language	English
Pages (from-to)	69-71
Number of pages	3
Journal	Economics Letters
Volume	109
Issue number	2
DOIs	https://doi.org/10.1016/j.econlet.2010.08.007
Publication status	Published - 2010 Nov

Bibliographical note

Funding Information:
We gratefully acknowledge comments from Hidehiko Ichimura, Dean Karlan, Edward Miguel, Jonathan Morduch, and Tomoya Suzuki. This research is supported financially by the Research Center for the Relationship between Market Economy and Non-market Institutions (CEMANO) , and 21st Century Center of Excellence (COE) Program of the Graduate School of Economics, University of Tokyo . We also thank an anonymous referee for his/her constructive comments and suggestions.

All Science Journal Classification (ASJC) codes

Finance
Economics and Econometrics

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.econlet.2010.08.007

Cite this

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title = "Joint liability borrowing and suicide: The case of Japan",

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, Stigma, Suicide",

author = "Joe Chen and Choi, {Yun Jeong} and Yasuyuki Sawada",

note = "Funding Information: We gratefully acknowledge comments from Hidehiko Ichimura, Dean Karlan, Edward Miguel, Jonathan Morduch, and Tomoya Suzuki. This research is supported financially by the Research Center for the Relationship between Market Economy and Non-market Institutions (CEMANO) , and 21st Century Center of Excellence (COE) Program of the Graduate School of Economics, University of Tokyo . We also thank an anonymous referee for his/her constructive comments and suggestions.",

year = "2010",

month = nov,

doi = "10.1016/j.econlet.2010.08.007",

language = "English",

volume = "109",

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journal = "Economics Letters",

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T2 - The case of Japan

AU - Chen, Joe

AU - Choi, Yun Jeong

AU - Sawada, Yasuyuki

N1 - Funding Information: We gratefully acknowledge comments from Hidehiko Ichimura, Dean Karlan, Edward Miguel, Jonathan Morduch, and Tomoya Suzuki. This research is supported financially by the Research Center for the Relationship between Market Economy and Non-market Institutions (CEMANO) , and 21st Century Center of Excellence (COE) Program of the Graduate School of Economics, University of Tokyo . We also thank an anonymous referee for his/her constructive comments and suggestions.

PY - 2010/11

Y1 - 2010/11

N2 - 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.

AB - 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.

KW - Joint liability

KW - Stigma

KW - Suicide

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DO - 10.1016/j.econlet.2010.08.007

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VL - 109

SP - 69

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JO - Economics Letters

JF - Economics Letters

IS - 2

ER -

Joint liability borrowing and suicide: The case of Japan

Abstract

Bibliographical note

All Science Journal Classification (ASJC) codes

UN SDGs

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