. The industry equilibrium is compared to one in which informality is prohibited. With relatively high product demand, the … effect of entrepreneurs being free to choose informality is that consumer surplus and total employment are reduced, but … also show that informality may be a built-in stabilizer or destabilizer. …

This paper investigates how informality can be defined and measured in the Turkish labor market. Two alternative … definitions of informality are used to explore their relevance and implications for the Turkish labor market using descriptive … characteristics to the likelihood of informality are investigated using multivariate probit analysis under the two definitions. The …

results show most informal firms won't formalize unless forced to do so, suggesting formality offers little private benefit to …

pervasive informality. We provide a simple framework to analyze the impact of UC on the allocation of workers between formal and … show that a reasonable amount of UC may reduce informality, while larger amounts of UC induce large disincentives to go …- conceived UC system. We show that UC finance based on payroll taxes is likely to entail an excess level of informality resulting …

size of the informal economy. There is also evidence that a larger tax wedge increases informality. The tax wedge … with the literature, which identifies labor market regulation and the tax wedge as important drivers of informality. …

labour market policies. To diminish informality, cutting the costs of formality is more effective than raising those of … informality. …

formalized firms do advertise more. Finally, formalizing is found to result in a large increase in trust in the state. …

informal jobs in Argentina. A novel household data set on informality and self-employment and information on labor inspections …