Labor markets in Latin America and the Caribbean (LAC) are characterized by high levels of informality and relatively …

increasing labor supply. We emphasize the role of informality in the dynamics of labor markets in Latin America. A re …-examination of Okun's law shows that informality dampens changes in unemployment accompanying output fluctuations. Moreover, we …' informality over and above what would be expected based on their income and educational levels. Labor market reforms could thus …

Labor market informality is a pervasive feature of most developing economies. Motivated by the empirical regularity … that the labor informality rate falls with GDP per capita, both at business cycle frequency and in a cross-section of … countries, and that the Okun's coefficient falls with the level of labor informality, we build a small open-economy dynamic …

informality in Vietnam by examining: (i) the nature of labor informality and transitions from formal to informal employment status … determinants of informality using within-in country variation in the business climate and governance; and (iii) whether different … impediments contribute to high levels of informality and points to the need for a comprehensive agenda to tackle informality …

This paper examines the macroeconomic interaction between informality and gender inequality in the labor market. A …, lack of sufficient formal job creation due to labor market rigidities leads to an increase in unemployment and informality …