Mondragón-Vélez, Camilo; Peña, Ximena; Wills, Daniel - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2010)
Informality is at the center of the economic debate in Colombia, fueled by the high level prevalent in the country and its substantial increase during the 1990s. We study the effect of labor market rigidities, namely the increase in non-wage costs and the minimum wage on the size of the informal...