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The soliciting of personal favours for and from others in order to circumvent formal procedures is a common practice across the world, variously known as guanxi, wasta, blat, and jeitinho. Until now, however, there have been no known empirical studies of this practice in South-East Europe. This...
Persistent link: https://www.econbiz.de/10011994720
informal sector in the presence of corruption. The impact of the interaction between growth and corruption on economic … the empirical literature because it studies the effect of the interaction between growth and corruption in the informal …, economic growth interacts with corruption and produces negative net effects up to a corruption threshold of 4.79745 when this …
Persistent link: https://www.econbiz.de/10013330033
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...
Persistent link: https://www.econbiz.de/10010267582
development of many aspects of corruption, organized crime, markets, and the state. The lack of attention to informal systems can …
Persistent link: https://www.econbiz.de/10010279003
We build an equilibrium model of a small open economy with labor market frictions and imperfectly enforced regulations. Heterogeneous firms sort into the formal or informal sector. We estimate the model using data from Brazil, and use counterfactual simulations to understand how trade affects...
Persistent link: https://www.econbiz.de/10012625380
Recently, there has been growing recognition that some formal employees receive from their formal employers two wages, namely an official declared wage plus an additional undeclared (envelope) wage, which reduces the tax and social contributions paid to the authorities. The aim of this paper is...
Persistent link: https://www.econbiz.de/10011994727
In recent years, participants in the informal economy have started to be viewed less as rational economic actors who engage in the informal economy when the pay-off is greater than the expected cost of being caught and punished, and more as social actors who engage when their tax morale (i.e.,...
Persistent link: https://www.econbiz.de/10011787181
This paper introduces a comprehensive database of informal economic activity. The database focuses on measures that have strong cross-country and over time coverage: it includes both model-based and survey-based measures of informality and covers more than 160 economies for the period 1990-2018....
Persistent link: https://www.econbiz.de/10012628466
We study the degree of synchronization between formal- and informal-economy business cycles. Using a comprehensive database of informal activity that covers a wide range of informality measures from almost 160 countries over the 1990-2018 period, we report two major results. First, fluctuations...
Persistent link: https://www.econbiz.de/10012628467
In spite of having some intensive national strategies to address poverty, Tanzania lacks a coherent national strategy to ensure sustainable livelihoods for those working in its informal economy, of which street vending is an important sector. Based on qualitative, in-depth data collected through...
Persistent link: https://www.econbiz.de/10012651124