Debt Relief for the Financially Vulnerable: Impact on Employment, Welfare Receipt, and Mental Health
July 2023 – Ernst-Jan de Bruijn, Heike Vethaak, Pierre Koning and Marike Knoef – IZA Discussion Paper No. 16336. We study the labor market and mental health impacts of debt relief among financially vulnerable individuals. We exploit a cutoff rule used by a Dutch welfare office to determine eligibility to debt relief of welfare debts. […]
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