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- W2022759488 abstract "In this paper, we examine whether imperfections in credit markets spill over to other markets, particularly the labor market. We take the case of Italy, a country that experienced changes in the mortgage market brought about by the 1992 European unification and other institutional shifts. These events make Italy a good laboratory to study the effects of financial markets on the labor market. Using a simultaneous equation framework and household data from the Bank of Italy between 1989 and 1993, we estimate the relationship between female participation and mortgage use. We find a significant impact of mortgages on women's participation in the labor market." @default.
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- W2022759488 date "2002-01-01" @default.
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- W2022759488 title "Credit Market Constraints and Labor Market Decisions" @default.
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- W2022759488 doi "https://doi.org/10.2139/ssrn.341542" @default.
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