Replication data for: Debt Portfolios and Homestead Exemptions

Winfried Koeniger & Thomas Hintermaier
This paper investigates the economic relevance of the large differences in homestead exemptions across US states. We build a structural model for an equilibrium analysis of debt-portfolio choices over the life cycle. Our analysis captures key patterns from the observed cross-sectional distributions of secured debt, unsecured debt, and of home equity. The model predicts that harmonizing the amount of home equity exempt in bankruptcy procedures has quantitatively negligible effects on the interest rate of unsecured...
This data repository is not currently reporting usage information. For information on how your repository can submit usage information, please see our documentation.