20
MAI
2019
14:15
- 15:45
IWH Research Seminar
Credit Supply and Human Capital: Evidence from Bank Pension Liabilities
Wer
Claire Celerier
(University of Toronto)
Wo
IWH conference room
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.
