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Persistent link: https://www.econbiz.de/10003640173
This paper elaborates on the evolution of the informal sector vis-à-vis the evolution of agricultural and formal sectors in a stylized developing country economy in process of growth. The analytical contribution of this essay extends the Ramsey theory of growth into a framework that includes an...
Persistent link: https://www.econbiz.de/10011528321
Persistent link: https://www.econbiz.de/10010401706
Turkey’s business sector dynamism has underpinned broad-based and inclusive growth in the 2000s. However, the business … transfers from low to higher productivity businesses. This ought to be achieved by aligning Turkey’s formal regulatory and tax …
Persistent link: https://www.econbiz.de/10010464942
Informality in Turkey, using various definitions, and despite the signs of a recent decline in certain segments of the … economy, is widespread. The level of informality is not excessively high, however, taking into account Turkey's level of … portrait of informality in Turkey, outlines certain issues of measurement, and presents the main trends using various …
Persistent link: https://www.econbiz.de/10012550628
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This paper discusses the problems facing the Mexican economy. It operates under a heavy burden of monopoly and regulation. We focus on two issues that should receive more attention in discussions of Mexican policy. (1) The family is under stress in Mexico and this retards the growth of skills of...
Persistent link: https://www.econbiz.de/10003939090
The informal sector (IS) plays a significant role in developing countries viz. the provision of employment, income and supplying ignored markets. However, working and employment conditions within the sector are still poor. Its expansion and changing structures have thus drawn the attention of...
Persistent link: https://www.econbiz.de/10008905233
One of the most salient features of developing economies is the existence of a large informal sector. This paper uses quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor and long-run growth. Our model can generate...
Persistent link: https://www.econbiz.de/10010230511
This paper develops and estimates an equilibrium model where heterogeneous firms can exploit two margins of informality: (i) not register their business, the extensive margin; and (ii) hire workers "off the books", the intensive margin. The model encompasses the main competing frameworks for...
Persistent link: https://www.econbiz.de/10010494065