Date of Award

7-1-1988

Degree Type

Thesis

University or Center

Atlanta University (AU)

Degree Name

M.A.

Department

Economics

First Advisor

Dr. Charlie Carter

Abstract

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.

Included in

Economics Commons

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