Few ideas and activities have received as hyperbolic praise as those presented by Hernando de Soto on informality. Nobel prizes in economics, presidents of various countries, important magazines, and multilateral organizations have endorsed this author’s impulse to the official...

The evidence at the micro level shows, that in the booming period, the rate of growth of labor productivity of the manufacturing sector is mainly explained by the labor productivity rate of growth of formal medium and large size firms rather than for nonfarm informal microenterprises of the...

This paper takes a macro and micro levels of analysis with the purpose to understand the dynamic of labor productivity in Peru throughout period 1997-2007 wherein two sub-periods are identified: a deceleration or ‘recession’ period, 1997-2001 of slow GDP economic growth and decreasing terms...