000			01230nam a22001457a 4500
999			_c525318 _d525318
008			240222b ||||| |||| 00| 0 eng d
100			_aGutierrez, Emilio, Jaume, David and Tobal, Martín _950055
245			_aDo credit supply shocks affect employment in middle-income countries?
260			_aAmerican Economic Journal: Economic Policy
300			_a15(4), Nov, 2023: p.1-36
520			_aThis paper studies the effect of bank credit supply shocks on formal employment in Mexico using a proprietary dataset containing information on all loans extended to firms by commercial banks during 2010–2015. We find large impacts on the formal employment of small and medium firms: a positive credit shock of 1 standard deviation increases yearly employment by 1.4 percentage points. The shares of uncollateralized credit and credit received by family firms, younger firms, and firms with no previous bank relationships also increase, suggesting that credit shocks may play a more prominent role for employment creation in credit-constrained settings.- Reproduced • https://www.aeaweb.org/articles?id=10.1257/pol.20210354
773			_aAmerican Economic Journal: Economic Policy
906			_aEMPLOYMENT
942			_cAR