Díaz, Juan José; Chacaltana, Juan; Rigolini, Jamele; … - 2018
process. Yet, formalization has many facets and shades on the business and labor fronts, and firms may not be able or willing …Too often, academics and policy makers interpret formality as a binary choice and formalization as an irreversible … to formalize all at once. This paper explores the joint process of business and labor formalization, using a unique panel …