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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Format: | Working Papers biblioteca |
Language: | English |
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Inter-American Development Bank
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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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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 |
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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 |
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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 |
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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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AT interamericandevelopmentbank theimpactofbankcreditonemploymentformalityinuruguay AT interamericandevelopmentbank impactofbankcreditonemploymentformalityinuruguay |
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