This paper was presented at the 53rd Panel Meeting of Economic Policy in Budapest. We thank our discussants Thorsten Beck and Francis Kramarz, two anonymous referees, Antonio Acconcia, Giuseppe Bertola, Tullio Jappelli, Julián Messina, Miguel Palacios, Evi Pappa, Jean-Charles Rochet, Alfonso Rosolia, Fabiano Schivardi, Daniele Terlizzese, Thjis Van Rens, Etienne Wasmer for insightful comments and suggestions. We are also grateful for the remarks and questions from participants to the CEPR-HSG Workshop on ‘Corporate Finance and Economic Performance’ (St Gallen), the ECB-CEPR Labour Market Workshop on ‘Unemployment Developments after the Crisis’ (Frankfurt), the 2009 Clarendon Lectures on ‘Labour and Finance’ by Marco Pagano (Oxford), the Euroframe Conference on ‘Labour markets after the crisis: policy challenges for the EU economies’ (Helsinki) and seminars at EIEF and the University of Naples Federico II. Marzia Parascandolo provided valuable research assistance. The authors acknowledge financial support from EIEF. Marco Pagano acknowledges the support of the European Union for the ERC project ‘Finance and Labour’ (no. 295709 – FINLAB). Giovanni Pica acknowledges support from the University of Salerno grant programme ‘High Performance Computing -- HPC -- prot. ASSA098434, 2009’. The Managing Editor in charge of the paper was Philippe Martin.
Finance and employment*
Article first published online: 16 JAN 2012
© CEPR, CES, MSH, 2012
Volume 27, Issue 69, pages 5–55, January 2012
How to Cite
Pagano, M. and Pica, G. (2012), Finance and employment. Economic Policy, 27: 5–55. doi: 10.1111/j.1468-0327.2011.00276.x
The Managing Editor in charge of this paper was Philippe Martin.
- Issue published online: 16 JAN 2012
- Article first published online: 16 JAN 2012
Options for accessing this content:
- If you have access to this content through a society membership, please first log in to your society website.
- If you would like institutional access to this content, please recommend the title to your librarian.
- Login via other institutional login options http://onlinelibrary.wiley.com/login-options.
- You can purchase online access to this Article for a 24-hour period (price varies by title)
- If you already have a Wiley Online Library or Wiley InterScience user account: login above and proceed to purchase the article.
- New Users: Please register, then proceed to purchase the article.
If your institution is a registered Wiley Online Library customer, you can log in under your institution's name to see our content. This access is provided by Shibboleth or Athens.
Type your institution's name in the box below. If your institution is a Wiley customer, it will appear in the list of suggested institutions.
Please note that there are currently a number of duplicate entries in the list of institutions. We are actively working on fixing this issue and apologize for any inconvenience caused.
Registered Users please login:
- Access your saved publications, articles and searches
- Manage your email alerts, orders and subscriptions
- Change your contact information, including your password
Please register to:
- Save publications, articles and searches
- Get email alerts
- Get all the benefits mentioned below!