What Determines Collection Rates of Debt Collection Agencies?
本文估计了债务催收机构的催收率分布，发现均值约65%且呈双峰分布，并分析了违约敞口、债务人历史催收率、账户年龄等因素对催收成功的影响。
Abstract We contribute to the literature on debt collection agencies in two ways: First, we present an estimation of the collection rates. The distribution of collection rates exhibits a mean of about 65% and a strong bimodality with peaks at the very ends of the distribution. Second, we investigate potential determinants of the collection success. We find that collection rates are positively related to the exposure at default and to prior debtor‐specific collection rates. In contrast, the age of the account and—if applicable—prior experience with the debtor have a negative impact on collection rates.