| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9776 |
| DP9776 When Credit Dries Up: Job Losses in the Great Recession | |
| Samuel Bentolila; Marcel Jansen; Gabriel Jiménez | |
| 发表日期 | 2013-12-08 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | We use a unique dataset to estimate the impact of a large credit supply shock on employment in Spain. We exploit marked differences in banks' health at the onset of the Great Recession. Several weak banks were rescued by the State and they reduced credit more than other banks. We compare employment changes from 2006 to 2010 at firms heavily indebted to weak banks before the crisis and the rest. Our estimates imply that these firms suffered an additional employment drop between 3 and 13.5 percentage points due to weak-bank attachment, representing between 8% and 36% of aggregate job losses. |
| 主题 | Labour Economics |
| 关键词 | Credit constraints Great recession Job losses |
| URL | https://cepr.org/publications/dp9776 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538612 |
| 推荐引用方式 GB/T 7714 | Samuel Bentolila,Marcel Jansen,Gabriel Jiménez. DP9776 When Credit Dries Up: Job Losses in the Great Recession. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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