Gabrieli, Tommaso; Antonio F. Galvao, Jr.; Antonio F. … - Henley Business School, University of Reading - 2010
This paper studies the effects of increasing formality via tax reduction and simplification schemes on micro-firm performance. It uses the 1997 Brazilian SIMPLES program. We develop a simple theoretical model to show that SIMPLES has an impact only on a segment of the micro-firm population, for...