Banks Firms and Jobs is popular PDF and ePub book, written by Fabio Berton in 2017-02-14, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Banks Firms and Jobs can be Read Online from any device for your convenience.
Banks Firms and Jobs Book PDF Summary
We analyze the employment effects of financial shocks using a rich data set of job contracts, matched with the universe of firms and their lending banks in one Italian region. To isolate the effect of the financial shock we construct a firm-specific time-varying measure of credit supply. The contraction in credit supply explains one fourth of the reduction in employment. This result is concentrated in more levered and less productive firms. Also, the relatively less educated and less skilled workers with temporary contracts are the most affected. Our results are consistent with the cleansing role of financial shocks.
Detail Book of Banks Firms and Jobs PDF
- Author : Fabio Berton
- Release : 14 February 2017
- Publisher : International Monetary Fund
- ISBN : 9781475579017
- Genre : Business & Economics
- Total Page : 57 pages
- Language : English
- PDF File Size : 18,6 Mb
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