Carneiro, Rafael Dix; Goldberg, Pinelopi K.; Meghir, Costas - 2021
simulations to understand how trade affects economic outcomes in the presence of informality. We show that: (1) Trade openness … unambiguously decreases informality in the tradable sector, but has ambiguous effects on aggregate informality. (2) The productivity … when informality is repressed. (4) Repressing informality increases productivity, but at the expense of employment and …