Access to finance and job growth : firm-level evidence across developing countries (English)

This paper investigates the effect of access to finance on job growth in 50,000 firms across 70 developing countries. Using the introduction of credit bureaus as an exogenous shock to the supply of credit, the paper finds that increased access to finance results in higher employment growth, especially among micro, small, and medium enterprises. The results are robust to using firm fixed effects, industry measures of external finance dependence, and...

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Author

Ayyagari,Meghana;

Juarros,Pedro Francisco;

Martinez Peria,Maria Soledad;

Singh,Sandeep;
Document Date
2016/03/16
Document Type
Policy Research Working Paper
Report Number
WPS7604
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2016/03/16
Disclosure Status
Disclosed
Doc Name
Access to finance and job growth : firm-level evidence across developing countries
Keywords
Finance & Private Sector Development

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Citation

Ayyagari,Meghana; Juarros,Pedro Francisco; Martinez Peria,Maria Soledad; Singh,Sandeep.

Access to finance and job growth : firm-level evidence across developing countries (English). Policy Research working paper|no. WPS 7604 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/804781467990954208

Access to finance and job growth : firm-level evidence across developing countries (English)

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