Documents de Travail du Centre d’Economie de la Sorbonne
Credit Constraints and the Persistence of Unemployment
Nicolas D ROMEL, Elie K OLAKEZ, Etienne L EHMANN
2009.32
Maison des Sciences Économiques, 106-112 boulevard de L'Hôpital, 75647 Paris Cedex 13 http://ces.univ-paris1.fr/cesdp/CES-docs.htm ISSN : 1955-611X
Credit Constraints and the Persistence of Unemployment Nicolas DROMEL y CNRS, Paris School of Economics (CES), Paris 1 University Elie KOLAKEZ Etienne LEHMANN ERMES - TEPP, Paris 2 University CREST-INSEE and IZA May 7, 2009
The authors would like to thank, without implicating, participants at the Paris 1 University Macro Workshop for helpful discussions. The usual disclaimer applies. y Corresponding author. Address correspondence to: UniversitéParis 1-MSE, 106-112 boulevard de lHôpital, 75647 Paris cedex 13, France. Tel: +33 (0)1 44 07 82 17. Email: nicolas.dromel@univ-paris1.fr