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Credit and Unemployment: Do Institutions Matter?

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  • Donatella Gatti

    (PSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris sciences et lettres - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris sciences et lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique)

  • Anne-Gaël Vaubourg

    (LEO - Laboratoire d'Économie d'Orleans [UMR7322] - UO - Université d'Orléans - UT - Université de Tours - CNRS - Centre National de la Recherche Scientifique)

Abstract

we analyse the relationship between firms' access to credit and unemployment in the second section. The third section is dedicated to the literature on institutional and legal determinants of the access to credit. In the fourth section, we both complete and moderate the view developed in the second section, stressing the complex interactions that exist between financial arrangements and labour market institutions. The final section concludes.

Suggested Citation

  • Donatella Gatti & Anne-Gaël Vaubourg, 2010. "Credit and Unemployment: Do Institutions Matter?," Post-Print halshs-00754464, HAL.
  • Handle: RePEc:hal:journl:halshs-00754464
    Note: View the original document on HAL open archive server: https://pjse.hal.science/halshs-00754464
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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