
20
14:15 - 15:45
IWH Research Seminar
MAY
2019
14:15 - 15:45
Credit Supply and Human Capital: Evidence from Bank Pension Liabilities
We identify the effects of exogenous credit constraints on firm ability to attract and retain skilled workers. To do so, we exploit a shock to the value of the pension obligations of Portuguese banks resulting from a change in accounting norms.
Who
(University of Toronto)
Where
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