Finance and Employment in Developing Countries: The Working Capital Channel

Finance and Employment in Developing Countries: The Working Capital Channel
We study the effect of external financing constraint on job creation in emerging markets and developing countries (EMDC) at the firm level by looking at a specific transmission channel - the working capital channel. We develop a simple model to illustrate how the need for working capital financing of a firm affects the link between financial... READ MORE...

Publication date: August 2017
ISBN 9781484314197
$18.00

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