RT Journal Article
T1 Unemployment and Financial Development: Evidence for OECD Countries” Comparative Economic Studies
A1 Afonso, António
A1 Blanco-Arana, María del Carmen
K1 Desempleo
K1 Desarrollo económico y social
AB It has been argued that credit market frictions may contribute to high unemployment. Hence, we assess the relationship between financial development and the labor market in OECD countries during the period 1990–2020. Using a random effects model for a panel dataset, we conclude that an increase in market capitalization and in the volume of shares traded can significantly reduce the unemployment rate. Likewise, inflation and per capita GDP growth are found to have significantly affected the evolution of the unemployment rate during the period under study.
YR 2023
FD 2023-11-11
LK https://hdl.handle.net/10630/30313
UL https://hdl.handle.net/10630/30313
LA eng
NO Afonso, A., Blanco-Arana, M.C. Unemployment and Financial Development: Evidence for OECD Countries. Comp Econ Stud (2023).
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 20 ene 2026