Arbeitspapier
Firm-level employment, labour market reforms, and bank distress
We explore the interaction between labour market reforms and financial frictions. Our study combines a new cross-country reform database on labour market reforms with matched firm-bank data for nine euro area countries over the period 1999 to 2013. While we find that labour market reforms are overall effective in increasing employment, restricted access to bank credit can undo up to half of long-term employment gains at the firm-level. Entrepreneurs without sufficient access to credit cannot reap the full benefits of more flexible employment regulation.
- Sprache
-
Englisch
- Erschienen in
-
Series: IWH Discussion Papers ; No. 15/2019
- Klassifikation
-
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Labor Force and Employment, Size, and Structure
Labor Standards: General
Labor Law
- Thema
-
labour market reforms
bank stress
employment protection
unemployment insurance
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Setzer, Ralph
Stieglitz, Moritz
- Ereignis
-
Veröffentlichung
- (wer)
-
Leibniz-Institut für Wirtschaftsforschung Halle (IWH)
- (wo)
-
Halle (Saale)
- (wann)
-
2019
- Handle
- URN
-
urn:nbn:de:gbv:3:2-109032
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Setzer, Ralph
- Stieglitz, Moritz
- Leibniz-Institut für Wirtschaftsforschung Halle (IWH)
Entstanden
- 2019
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