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In developing and transition economies as much as half the labor force works in the informal sector (or "shadow economy"). Informal firms congest infrastructure and other public services but do not contribute the taxes needed to finance them. Informal workers are unprotected against such...
Persistent link: https://www.econbiz.de/10011417249
Higher inequality reduces capital accumulation and increases the informal economy, which creates additional employment …
Persistent link: https://www.econbiz.de/10011665024
Higher inequality reduces capital accumulation and increases the informal economy, which creates additional employment … opportunities for low-skilled and deprived people. As a result, informal employment leads to beneficial effects on income …
Persistent link: https://www.econbiz.de/10013254304
staff an official salary, described in a registered formal employment agreement, and an extra, undeclared "envelope wage …
Persistent link: https://www.econbiz.de/10013254372
opportunities to enter the formal sector meaning informal employment is the only feasible option. Reducing informality requires …
Persistent link: https://www.econbiz.de/10013254477
staff an official salary, described in a registered formal employment agreement, and an extra, undeclared "envelope wage …
Persistent link: https://www.econbiz.de/10011514536
The shadow (underground) economy plays a major role in many countries. People evade taxes and regulations by working in the shadow economy or by employing people illegally. On the one hand, this unregulated economic activity can result in reduced tax revenue and public goods and services, lower...
Persistent link: https://www.econbiz.de/10011429964
The shadow (underground) economy plays a major role in many countries. People evade taxes and regulations by working in the shadow economy or by employing people illegally. On the one hand, this unregulated economic activity can result in reduced tax revenue and public goods and services, lower...
Persistent link: https://www.econbiz.de/10011934117
Developing countries have long been struggling to fight informality, focusing on instruments such as labor legislation enforcement, temporary contracts, and changes in taxes imposed on small firms. However, improvements in the labor force’s schooling and skill level may be more effective in...
Persistent link: https://www.econbiz.de/10011737287
. Reforms lead to higher wages and improved employment conditions in the informal sector in some cases, and to the opposite … effect in others. At a cross-country level, lifting trade protection boosts informal-sector employment. The direction and … size of the impacts on informal-sector employment and wages are determined by capital mobility and the interactions between …
Persistent link: https://www.econbiz.de/10011479932