Finance and Employment in Developing Countries : The Working Capital Channel /

We study the effect of external financing constraint on job creation in emerging markets and developing countries (EMDC) at the firm level by looking at a specific transmission channel - the working capital channel. We develop a simple model to illustrate how the need for working capital financing o...

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Bibliographic Details
Main Author: Dao, Mai Chi
Other Authors: Liu, Lucy Qian
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/189
Online Access:Full text available on IMF