Overlooked benefits of consumer credit growth: impact on formal employment
Abstract This paper investigates the role of consumer credit growth and expansion of consumer financial services on the reduction of informal employment in a developing country. I argue that financial services growth should lead to a decline in the share of informal employment given that consumers w...
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Format: | Article |
Language: | English |
Published: |
Sciendo
2018-07-01
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Series: | IZA Journal of Labor Policy |
Subjects: | |
Online Access: | http://link.springer.com/article/10.1186/s40173-018-0100-1 |