Date of Award
University or Center
Atlanta University (AU)
Dr. Charlie Carter
This thesis is concerned with the major factors that account for the rise in personal bankruptcy rate in the United States. These factors are the Reform Act of 1978, Unemployment, Divorce Rate, Debt-Income Ratio, and Age.
An econometrics model was used in both a crosssectional and time series model to predict and see how much these factors effect personal bankruptcy.
The objective of this thesis is to use an econometrics model that helped explain successfully the cross-sectional and time series variation in personal bankruptcy.
The results of the thesis found that the Reform Act was a major cause of rise in personal bankruptcy.
Uzzi, Adesuwa, "Accounting for the rise in personal bankruptcy rate in the United States between 1959-1987" (1988). ETD Collection for AUC Robert W. Woodruff Library. 1488.