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assesses these approaches along with the factors related to informality-formality trade-off and the issue of formalisation as a …
Persistent link: https://www.econbiz.de/10010293528
We model an urban labour market in a developing economy, incorporating workers' risk attitudes. Trade-offs between risk aversion and ability determine worker allocation across formal and informal wage employment, and voluntary and involuntary self employment. Greater risk of informal wage...
Persistent link: https://www.econbiz.de/10010331945
We analyse potential dynamic benefits for a firm from having the option of adopting informal status. Informality may be … parameter values, suggesting a potential dynamic case for government support of informal firms. Informality may alternatively … profitability is disappointing, it can switch to informality. However, this result obtains for a range of parameter values so narrow …
Persistent link: https://www.econbiz.de/10010273415
developing countries advance their development objectives, even where enforcement capacity is weak and informality is pervasive. …
Persistent link: https://www.econbiz.de/10011417394
by trade opening) on informality, while relevant empirical literature has been not well developed. The paper aims to fill … this knowledge gap by shedding further light on the linkages running from globalisation to informality in developing … of indicators most likely to influence the size of informality. Our finding reveals that the indicators with consistently …
Persistent link: https://www.econbiz.de/10011346442
We model an urban labour market in a developing economy, incorporating workers’ risk attitudes. Trade-offs between risk aversion and ability determine worker allocation across formal and informal wage employment, and voluntary and involuntary self employment. Greater risk of informal wage...
Persistent link: https://www.econbiz.de/10009725361
paper aims at establishing a link between the theories on informality and marginalization which is another important issue … for every actor to participate either in the formal, the informal or in both economies. Informality has multiple sources …, the connection between informality and involuntary exclusion shall be examined in a retrospective of economic thought …
Persistent link: https://www.econbiz.de/10010487530
different sectors and the impact of tax changes on the extent of informality in developing countries is, however, very limited …
Persistent link: https://www.econbiz.de/10012109882
This paper proposes an equilibrium matching model for developing countries' labor markets where the interaction between public, formal private and informal private sectors are taken into account. Theoretical analysis shows that gains from reforms aiming at liberalizing formal labor markets can...
Persistent link: https://www.econbiz.de/10011732030
This paper proposes an equilibrium matching labor market model for developing countries where the interaction between public, formal and informal sectors is considered. Theoretical analysis shows that labor markets' liberalization reforms can be evicted by shifts in public employment. Since the...
Persistent link: https://www.econbiz.de/10011622730