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movements of real wage in the informal sector in India and how this affects poverty at the state level. The basic result on …
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In Venezuela, the informal sector has increased its participation in the labor market remarkably. Poverty levels of … fast rate. This paper studies the relationship between poverty and informality in Venezuela through the determinants of … directed towards the reduction of poverty should have two parallel aims. First, increase formal employment by policies heading …
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This paper examines the adjustment of developing country labor markets to macroeconomic shocks. It models a two sector labor market: a formal salaried (tradable) sector that may or may not be affected by union or legislation induced wage rigidities, and an unregulated (nontradable)...
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Informal self-employment is a major source of employment in developing countries. Its cyclical behavior is important to our understanding of the functioning of LDC labor markets, but turns out to be surprisingly complex. We develop a flexible model with two sectors: a formal salaried (tradable)...
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