Financial Frictions, Allocative Efficiency, and Unemployment : A Quantitative Analysis for Argentina

Argentina is characterized by low levels of private credit and persistent labor market rigidities. Furthermore, financial development remained stagnant in Argentina even during episodes of fast economic growth, in stark contrast with the experience...

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Bibliographic Details
Main Author: Fattal Jaef, Roberto N.
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/368701609942311353/Financial-Frictions-Allocative-Efficiency-and-Unemployment-A-Quantitative-Analysis-for-Argentina
http://hdl.handle.net/10986/35004