formal employment in Mexico. We use a detailed dataset containing loan-level information for all loans extended by commercial … demand shocks. Then, we use employment registry data to compare changes in the number of formal workers registered by small … large impact on formal employment: a positive credit shock of one standard deviation increases yearly employment growth by 0 …

. We combine administrative data on all firms in Spain with a matched bank-firm-loan dataset on the universe of corporate … downstream propagation effects on investment and output throughout the period but no significant impact on employment during the …

formal employment in Mexico. We use a detailed dataset containing loan-level information for all loans extended by commercial … demand shocks. Then, we use employment registry data to compare changes in the number of formal workers registered by small … large impact on formal employment: a positive credit shock of one standard deviation increases yearly employment growth by 0 …

during the recession. The reduction in mortgage supply explains about 15 percent of the employment decline. The job losses …

This paper investigates the relationship between expansionary credit events and firms' employment decisions. To … new loans increases firms' employment by 2.57 percentage points. Timing of the boost in employment varies, with smaller … sector. Our results highlight the importance of the bank lending channel to stimulate employment in the short term …

. We combine administrative data on all firms in Spain with a matched bank-firm-loan dataset incorporating information on … propagation effects on investment and output throughout the period but no significant impact on employment during the expansion …

. We combine administrative data on all firms in Spain with a matched bank-firm-loan dataset on the universe of corporate …