000			01251nam a22001457a 4500
999			_c527489 _d527489
008			240902b ||||| |||| 00| 0 eng d
100			_aDoornik, B.V., Gomes, A. Schoenherr, D. and Skrastins, J. _957693
245			_aFinancial access and labor market outcomes: Evidence from credit lotteries
260			_aThe American Economic Review
300			_a114(6), Jun, 2024: p.1854-1881
520			_aWe 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
773			_aThe American Economic Review
906			_aLABOUR MARKET
942			_cAR