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Do credit supply shocks affect employment in middle-income countries? Image Small and medium-size firms (SMEs) have been a subject of great interest to scholars and policy makers, as these enterprises play a critical role in the provision of employment around the globe (Ayyagari et al. 2011). However, the ability of SMEs to create jobs is hampered by their limited access to adequate finance, particularly in low- and middle-income economies (LMIEs) in which credit constraints are severe et al. 2003; Ayyagari et al. 2011; Stein et al. 2010). Having lower saving rates, weaker investor protection...

Positive outlier like in the jobs side today and sometimes a large negative outlier. in fact one of the things i wrote in my report on these numbers early this morning before all that jack welch craziness was that i would discount this number because -- but over the past three months the jobs numbers from the household survey have been essentially flat. i knew that was wrong too. in fact they had a couple negatives in there. so you have to average over the past few months. now if you take that average, if you do that, you will find and now i'm using establishment data which is more reliable mo...

Within this many points margin of error. these samples and these results have those same margins. and sometimes you get a large positive outlier, like we had in the jobs side today, and sometimes a large negative outlier. in fact one of the things i wrote in my report on these numbers early this morning before all that jack welch craziness was that i would discount this number because -- but over the past three months the jobs numbers from the household survey have been essentially flat. and i knew that was wrong, too. in fact, they had a couple negatives in there. so you have to average over ...

Positive outlier like in the jobs side today and sometimes a large negative outlier. in fact one of the things i wrote in my report on these numbers early this morning before all that jack welch craziness was that i would discount this number because -- but over the past three months the jobs numbers from the household survey have been essentially flat. i knew that was wrong too. in fact they had a couple negatives in there. so you have to average over the past few months. now if you take that average, if you do that, you will find and now i'm using establishment data which is more reliable mo...