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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Bibliographic Details
Main Author: Güneş A. Aşık
Format: Article
Language:English
Published: Sciendo 2018-07-01
Series:IZA Journal of Labor Policy
Subjects:
Online Access:http://link.springer.com/article/10.1186/s40173-018-0100-1