Unemployment and financial development : evidence for OECD countries

It has been argued that credit market frictions may contribute to high unemployment. Hence, we assess the relationship between financial development and the labor market in OECD countries during the period 1990–2020. Using a random effects model for a panel dataset, we conclude that an increase in m...

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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Blanco-Arana, M. Carmen (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2021
Assuntos:
Texto completo:http://hdl.handle.net/10400.5/22558
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/22558