Job Growth and Finance : Are Some Financial Institutions Better Suited to the Early Stages of Development than Others?
Evidence based on firm-level data from 89 countries with updated country-level data on financial structure suggests that in low-income countries; labor growth is more rapid in countries with a higher level of private credit/GDP. This positive relationship with private credit is especially pronounced...
| Main Authors: | , |
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| Format: | Journal Article |
| Language: | en_US |
| Published: |
Oxford University Press on behalf of the World Bank
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/21621 |