Panama's International Banking Center: The direct employment effects
Despite the political saliency of employment, the growing scholarly literature on financial centers contains only a few cursory estimates of employment in international banking. We use simple methods to calculate the total and marginal direct employment effects of Panama's International Banking...
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| Veröffentlicht in: | Journal of banking & finance 1988, Vol.12 (1), p.43-50 |
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| container_title | Journal of banking & finance |
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| creator | Lessard, Donald R. Tschoegl, Adrian E. |
| description | Despite the political saliency of employment, the growing scholarly literature on financial centers contains only a few cursory estimates of employment in international banking. We use simple methods to calculate the total and marginal direct employment effects of Panama's International Banking Center. The results, which appear reasonable, suggest that international banking activities are not very labor intensive and provide even fewer jobs than many observers infer from the relatively impressive asset amounts involved. |
| doi_str_mv | 10.1016/0378-4266(88)90049-0 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0378-4266 |
| ispartof | Journal of banking & finance, 1988, Vol.12 (1), p.43-50 |
| issn | 0378-4266 1872-6372 |
| language | eng |
| recordid | cdi_proquest_journals_194888092 |
| source | RePEc; Periodicals Index Online; Access via ScienceDirect (Elsevier) |
| subjects | Centers Effects Employment Estimating techniques International banking Mathematical analysis |
| title | Panama's International Banking Center: The direct employment effects |
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