Fintech can play the employment creation effect by supporting the development of the real economy,but the ensuing efficiency improve-ment will produce the employment substitution effect,so the impact of Fintech on employment has a certain complexity.Based on the output perspective of en-terprise,this article utilizes the micro data of listed companies from 2011 to 2021 to systematically ex-amine the existence and internal mechanism of the employment effect of Fintech.It is found that Fintech can significantly increase the employment level of enterprises,and this conclusion still holds after a series of robustness tests.The mechanism test shows that Fintech can increase the'quantity'and'qual-ity'of output through the scale expansion effect and efficiency improvement effect,which in turn promote the growth of enterprise employment level.Further analysis shows that the employment effect of Fintech is more obvious in high-growth enterpri-ses,labor-intensive enterprises and enterprises in the eastern region.In addition,Fintech contributes to both expanding the employment scale and impro-ving the employment quality of enterprises.The study confirms the positive effects of Fintech on employment and provides a reference for realizing the goal of stabilizing employment and promoting high-quality economic development.
NETL
NSTL
维普
万方数据
