EconPapers    
Economics at your fingertips  
 

Can Paying Firms Quicker Affect Aggregate Employment?

Jean Barrot () and Ramana Nanda ()

Working Papers from eSocialSciences

Abstract: This paper studies the impact of reform on county-sector employment growth over three years. Despite firms being paid just 15 days sooner, we find payroll increased 10 cents for each accelerated dollar, with two-thirds of the effect coming from an increase in new hires and the balance from an increase in earnings. The result of this study highlights an important channel through which financing constraints can be alleviated for small firms, and emphasizes the general-equilibrium effects of large-scale interventions, which can lead to a substantially lower net impact on aggregate outcomes. [Working Paper 22420]

Keywords: Employment; payroll; large-scale interventions (search for similar items in EconPapers)
Date: 2016-07
Note: Institutional Papers
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.esocialsciences.org/Download/repecDownl ... AId=11119&fref=repec

Related works:
Working Paper: Can Paying Firms Quicker Affect Aggregate Employment? (2016) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:11119

Access Statistics for this paper

More papers in Working Papers from eSocialSciences
Series data maintained by Padma Prakash ().

 
Page updated 2017-10-18
Handle: RePEc:ess:wpaper:id:11119