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about informal firms in Mexico. We then construct and estimate a model of heterogeneous firms and endogenous informality to …We assess the aggregate productivity impact of distortions arising from labor regulations in Mexico and how they … interact with informality. Using employment surveys and a firm-level economic census, we document a number of novel features …
Persistent link: https://www.econbiz.de/10012154849
Persistent link: https://www.econbiz.de/10012796732
some unintended consequences for informality, tax revenues, and GDP, since a few formal agents are paying for a service … informality rises by 2.7 percent, while tax revenues and output decrease by roughly 0.1 percent. Given the extent of the expansion …
Persistent link: https://www.econbiz.de/10012604812
To shed light on the possible scarring effects from Covid-19, this paper studies the economic effects of five past pandemics using local projections on a sample of fifty-five countries over 1990-2019. The findings reveal that pandemics have detrimental medium-term effects on output,...
Persistent link: https://www.econbiz.de/10012605652
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 …
Persistent link: https://www.econbiz.de/10012485984
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 …
Persistent link: https://www.econbiz.de/10012392626
Employment is key to combating poverty. Thus, detractors of social assistance programs argue that they create disincentives to work. While there is substantial evidence showing limited effects of these programs on overall labor supply, the jury is still out with respect to their impact on formal...
Persistent link: https://www.econbiz.de/10012252007
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 …
Persistent link: https://www.econbiz.de/10012009580
Presumptive income taxes in the form of a tax on turnover for SMEs are pervasive as a way to reduce the costs of compliance and administration. We analyze a model where entrepreneurs allocate labor to the formal and informal sectors. Formal sector income is subjected either to a corporate income...
Persistent link: https://www.econbiz.de/10012021806
Labor markets in Latin America and the Caribbean (LAC) are characterized by high levels of informality and relatively …
Persistent link: https://www.econbiz.de/10012170139