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firms with varying levels of productivity. For example, in case of firms with relatively high levels of productivity …, enforcement has to be stricter than in the case with relatively low productivity firms. Taxing the more productive seems to be the …
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The paper attempts to find out the relationship between informal wage and innovative efforts of firms in the formal sector in countries such as India, where informal sector captures lion's share of total workforce. A firm employs both formal and informal workers to produce a good. In equilibrium...
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We provide an analysis of enforcement policies applicable to formal sector in dual labor markets. Using a framework with heterogeneous firms, endogenous determination of informal wage and politically dictated enforcement strategies, we show that firms which operate both in the formal and...
Persistent link: https://www.econbiz.de/10013117965
firms with varying levels of productivity. For example, in case of firms with relatively high levels of productivity …, enforcement has to be stricter than in the case with relatively low productivity firms. Taxing the more productive seems to be the …
Persistent link: https://www.econbiz.de/10013120119