Restructuring finance to promote productive employment
نویسندگان
چکیده
منابع مشابه
Finance and employment
How does finance affect employment and inter-industry job reallocations? We present a model that predicts that financial development (i) raises employment and wages, its impact being smaller at high levels of the equilibrium wage and financial development; (ii) may induce either more or less job reallocations, depending on whether shocks to profit opportunities or to cash flow are more prevalen...
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ژورنال
عنوان ژورنال: European Journal of Economics and Economic Policies: Intervention
سال: 2014
ISSN: 2052-7764,2052-7772
DOI: 10.4337/ejeep.2014.02.03