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Effects of corruption and informality on economic growth through productivity

Bermúdez, Pedro; Verástegui, Luis; Nolazco, José Luis; … - In: Economies : open access journal 12 (2024) 10, pp. 1-22

Corruption and informality are issues which have attracted a great amount of empirical research, since they are …. In this context, the objective of this investigation is to assess the impacts of corruption and informality on economic …. Subsequently, a simulation analysis is conducted to quantify the impacts of increases in corruption and informality on growth and …

Persistent link: https://www.econbiz.de/10015197520

Labor market search, informality, and on-the-job human capital accumulation

Bobba, Matteo; Flabbi, Luca; Levy, Santiago; Tejada, … - 2019

raise to informality. …

Persistent link: https://www.econbiz.de/10011973074

Working life and human capital investment : causal evidence from pension reform

Gohl-Greenaway, Niklas; Haan, Peter; Kurz, Elisabeth; … - 2019

In this paper we present a life-cycle model with human capital investment during working life through training and provide a novel empirical test of human capital theory. Using a sizable pension reform which shifts the retirement age between two adjacent cohorts by three years, we document...

Persistent link: https://www.econbiz.de/10012139004

Working life and human capital investment : causal evidence from pension reform

Gohl-Greenaway, Niklas; Haan, Peter; Kurz, Elisabeth; … - 2020

This paper presents a life-cycle model with human capital investment during working life through training and provides a novel empirical test of human capital theory. We exploit a sizable pension reform across adjacent cohorts in a regression discontinuity setting and find that an increase in...

Persistent link: https://www.econbiz.de/10012157379

Misallocation, informality, and human capital: Understanding the role of institutions

D׳Erasmo, Pablo N.; Moscoso Boedo, Hernan J.; Şenkal, … - In: Journal of Economic Dynamics and Control 42 (2014) C, pp. 122-142

the level of informality. We propose a firm dynamics model where firms face capital market imperfections and costs of …

Persistent link: https://www.econbiz.de/10011051923

Misallocation, Informality, and Human Capital : Understanding the Role of Institutions

D'Erasmo, Pablo N. - 2014

the level of informality. We propose a firm dynamics model where firms face capital market imperfections and costs of …

Persistent link: https://www.econbiz.de/10013056102

Aging and pension reform : extending the retirement age and human capital formation

Vogel, Edgar; Ludwig, Alexander; Börsch-Supan, Axel - 2014 - This version: December 29, 2014

Projected demographic changes in industrialized and developing countries vary in extent and timing but will reduce the share of the population in working age everywhere. Conventional wisdom suggests that this will increase capital intensity with falling rates of return to capital and increasing...

Persistent link: https://www.econbiz.de/10010467965

Population aging, pension systems, and economic growth : applying an overlapping generations model to the informal sector

Navarat Temsumrit - In: Asian development review : studies of Asian and pacific … 40 (2023) 2, pp. 305-341

This paper analyzes the eﬀects of an unfunded pension system on economic growth using an extended overlapping generations model to include the informal sector. Emerging countries usually have a more signiﬁcant informal sector than advanced ones. The ﬁndings based on the Thai economy data...

Persistent link: https://www.econbiz.de/10014426328

Informality as a stepping stone: A search-theoretical assessment of informal sector and government policy

Tümen, Semih - In: Central Bank Review (CBR) 16 (2016) 3, pp. 109-117

This paper develops a model of sequential job search to understand the factors determining the effect of tax and enforcement policies on the size (i.e., employment share) of informal sector. The focus is on the role of informal sector as a stepping stone to formal jobs. I argue that the...

Persistent link: https://www.econbiz.de/10012217544

Informality as a stepping stone : a search-theoretical assessment of informal sector and government policy

Tumen, Semih - 2016

This paper develops a model of sequential job search to understand the factors determining the effect of tax and enforcement policies on the size (i.e., employment share) of the informal sector. The focus is on the role of informal sector as a stepping stone to formal jobs. I argue that the...

Persistent link: https://www.econbiz.de/10011520958