Fiess, Norbert M.; Fugazza, Marco; Maloney, William F. - Institute for the Study of Labor (IZA) - 2008
, and an informal (nontradable) self-employment sector facing liquidity constraints to entry. This is embedded in a standard … informal self-employment consistent with the traditional segmentation views. However, we also identify episodes consistent with …)
self-employment sector facing liquidity constraints to entry. This is embedded in a standard
small economy macro model …