The Impact of Bank Credit on Employment Formality in Uruguay

This paper examines the effect of bank credit on employment formalization in Uruguay. Using a difference-in-differences methodology proposed by Catão, Pagés and Rosales (2011), the paper finds that financial deepening decreases informality, especially in more financially dependent sectors. The effect is additionally found to be greater for women and younger workers. Despite the severe economic crisis and a sharp contraction of bank credit experienced by the economy in the period of analysis, no evidence is found that the effect of bank credit on employment formality has changed over time.

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Bibliographic Details
Main Author: Inter-American Development Bank
Other Authors: Néstor Gandelman
Format: Working Papers biblioteca
Language:English
Published: Inter-American Development Bank
Subjects:Financial Sector, Informal Economy, Informal Labor, Credit Access, E26 - Informal Economy • Underground Economy, G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages, O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance O4 - Economic Growth and Aggregate Productivity, Credit market,
Online Access:http://dx.doi.org/10.18235/0011379
https://publications.iadb.org/en/impact-bank-credit-employment-formality-uruguay
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spelling dig-bid-node-110322024-05-30T20:30:06ZThe Impact of Bank Credit on Employment Formality in Uruguay 2012-04-01T00:00:00+0000 http://dx.doi.org/10.18235/0011379 https://publications.iadb.org/en/impact-bank-credit-employment-formality-uruguay Inter-American Development Bank Financial Sector Informal Economy Informal Labor Credit Access E26 - Informal Economy • Underground Economy G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance O4 - Economic Growth and Aggregate Productivity Credit market This paper examines the effect of bank credit on employment formalization in Uruguay. Using a difference-in-differences methodology proposed by Catão, Pagés and Rosales (2011), the paper finds that financial deepening decreases informality, especially in more financially dependent sectors. The effect is additionally found to be greater for women and younger workers. Despite the severe economic crisis and a sharp contraction of bank credit experienced by the economy in the period of analysis, no evidence is found that the effect of bank credit on employment formality has changed over time. Inter-American Development Bank Néstor Gandelman Alejandro Rasteletti Working Papers application/pdf IDB Publications Uruguay en
institution BID
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-bid
tag biblioteca
region America del Norte
libraryname Biblioteca Felipe Herrera del BID
language English
topic Financial Sector
Informal Economy
Informal Labor
Credit Access
E26 - Informal Economy • Underground Economy
G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages
O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance O4 - Economic Growth and Aggregate Productivity
Credit market
Financial Sector
Informal Economy
Informal Labor
Credit Access
E26 - Informal Economy • Underground Economy
G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages
O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance O4 - Economic Growth and Aggregate Productivity
Credit market
spellingShingle Financial Sector
Informal Economy
Informal Labor
Credit Access
E26 - Informal Economy • Underground Economy
G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages
O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance O4 - Economic Growth and Aggregate Productivity
Credit market
Financial Sector
Informal Economy
Informal Labor
Credit Access
E26 - Informal Economy • Underground Economy
G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages
O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance O4 - Economic Growth and Aggregate Productivity
Credit market
Inter-American Development Bank
The Impact of Bank Credit on Employment Formality in Uruguay
description This paper examines the effect of bank credit on employment formalization in Uruguay. Using a difference-in-differences methodology proposed by Catão, Pagés and Rosales (2011), the paper finds that financial deepening decreases informality, especially in more financially dependent sectors. The effect is additionally found to be greater for women and younger workers. Despite the severe economic crisis and a sharp contraction of bank credit experienced by the economy in the period of analysis, no evidence is found that the effect of bank credit on employment formality has changed over time.
author2 Néstor Gandelman
author_facet Néstor Gandelman
Inter-American Development Bank
format Working Papers
topic_facet Financial Sector
Informal Economy
Informal Labor
Credit Access
E26 - Informal Economy • Underground Economy
G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages
O16 - Financial Markets • Saving and Capital Investment • Corporate Finance and Governance O4 - Economic Growth and Aggregate Productivity
Credit market
author Inter-American Development Bank
author_sort Inter-American Development Bank
title The Impact of Bank Credit on Employment Formality in Uruguay
title_short The Impact of Bank Credit on Employment Formality in Uruguay
title_full The Impact of Bank Credit on Employment Formality in Uruguay
title_fullStr The Impact of Bank Credit on Employment Formality in Uruguay
title_full_unstemmed The Impact of Bank Credit on Employment Formality in Uruguay
title_sort impact of bank credit on employment formality in uruguay
publisher Inter-American Development Bank
url http://dx.doi.org/10.18235/0011379
https://publications.iadb.org/en/impact-bank-credit-employment-formality-uruguay
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