Charlot, Olivier; Malherbet, Franck; Terra, Cristina - In: Journal of Economic Dynamics and Control 51 (2015) C, pp. 1-27
individual or collective bargaining. Our model matches the main stylized facts on informality for developing countries and … appears to be a good candidate for policy analysis. In this framework, we study the impact on informality, wages and … unemployment of policies that may be used to reduce informality. We consider changes in product market regulation (PMR) and in two …