Bobba, Matteo; Flabbi, Luca; Levy Algazi, Santiago - 2017
job as unemployed or as self-employed. Firms optimally decide the formality status of the job and bargain with workers …-staggered entry across municipalities of a non-contributory social program. Policy experiments show that informality may be reduced by … benefit system would decrease informality, incentivize schooling, and increase productivity at a relative fiscal cost that is …