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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| Format: | Working Paper |
| Language: | English |
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World Bank, Washington, DC
2021
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| 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 |