opportunities to enter the formal sector meaning informal employment is the only feasible option. Reducing informality requires …

Okun's law. However, in transition and emerging markets economies' context, the output-employment nexus has a much more … transition) countries to find out a discrepancy between the output and employment growth. Therefore, the employment elasticity … satisfactory employment growth, which is commonly referred to as a "jobless growth" hypothesis. Accordingly, this paper attempts to …