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 …

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 …

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 …

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

interact with informality. Using employment surveys and a firm-level economic census, we document a number of novel features … about informal firms in Mexico. We then construct and estimate a model of heterogeneous firms and endogenous informality to …