Financial access and labor market outcomes: Evidence from credit lotteries
By: Doornik, B.V., Gomes, A. Schoenherr, D. and Skrastins, J
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Material type: 
BookPublisher: The American Economic Review Description: 114(6), Jun, 2024: p.1854-1881.
In:
The American Economic ReviewSummary: We assess the employment and income effects of access to credit dedicated to investment in individual mobility by exploiting time-series variation in access to credit through lotteries for participants in a group-lending mechanism in Brazil. We find that access to credit for investment in individual mobility increases formal employment rates and salaries, yielding an annual rate of return of 12 to 15 percent. Consistent with a geographically broader job search, individuals transition to jobs farther from home and public transportation. Our results suggest that accessing distant labor markets through credit for investment in individual mobility yields high and persistent returns.- Reproduced
https://www.aeaweb.org/articles?id=10.1257/aer.20230585
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 114(6), Jun, 2024: p.1854-1881 | Available | AR132930 |
We assess the employment and income effects of access to credit dedicated to investment in individual mobility by exploiting time-series variation in access to credit through lotteries for participants in a group-lending mechanism in Brazil. We find that access to credit for investment in individual mobility increases formal employment rates and salaries, yielding an annual rate of return of 12 to 15 percent. Consistent with a geographically broader job search, individuals transition to jobs farther from home and public transportation. Our results suggest that accessing distant labor markets through credit for investment in individual mobility yields high and persistent returns.- Reproduced
https://www.aeaweb.org/articles?id=10.1257/aer.20230585
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