Showing 1 - 10 of 153
of informality of 157 countries around the world, including developing, eastern European, central Asian and high income …
Persistent link: https://www.econbiz.de/10011584596
pervasive informality. We provide a simple framework to analyze the impact of UC on the allocation of workers between formal and … show that a reasonable amount of UC may reduce informality, while larger amounts of UC induce large disincentives to go …- conceived UC system. We show that UC finance based on payroll taxes is likely to entail an excess level of informality resulting …
Persistent link: https://www.econbiz.de/10010293204
This paper examines a much overlooked link between credit markets and formalization: since access to bank credit typically requires compliance with tax and employment legislation, firms are more likely to incur such formalization costs once bank credit is more widely available at lower cost; if...
Persistent link: https://www.econbiz.de/10010269636
This paper studies the impact of product and labor market regulations on informality and unemployment in a general … regulations lead to a simultaneous reduction in informality and unemployment. The difference between these two policy options lies …
Persistent link: https://www.econbiz.de/10010278505
This paper documents the link between finance and informal competition. Using longitudinal firm-level data, we show that formal firms that are more exposed to the competition of informal firms are less likely to apply for a bank loan. This result is not due to sample selection, omitted variable...
Persistent link: https://www.econbiz.de/10013351979
formal jobs rationing is limited and that mandatory pension contributions play an sizeable role in encouraging informality …
Persistent link: https://www.econbiz.de/10010377356
This paper proposes an equilibrium matching model for developing countries' labor markets where the interaction between public, formal private and informal private sectors are taken into account. Theoretical analysis shows that gains from reforms aiming at liberalizing formal labor markets can...
Persistent link: https://www.econbiz.de/10011744726
results give a rationale to informality-reducing policies. …
Persistent link: https://www.econbiz.de/10010290000
pervasive informality. We provide a simple framework to analyze the impact of UC on the allocation of workers between formal and … show that a reasonable amount of UC may reduce informality, while larger amounts of UC induce large disincentives to go …- conceived UC system. We show that UC finance based on payroll taxes is likely to entail an excess level of informality resulting …
Persistent link: https://www.econbiz.de/10010960130
This paper examines a much overlooked link between credit markets and formalization: since access to bank credit typically requires compliance with tax and employment legislation, firms are more likely to incur such formalization costs once bank credit is more widely available at lower cost; if...
Persistent link: https://www.econbiz.de/10008514866