Díaz, Juan José; Chacaltana, Juan; Rigolini, Jamele; … - 2018
Too often, academics and policy makers interpret formality as a binary choice and formalization as an irreversible … data set of Peruvian micro enterprises. The paper finds that business formality does not imply labor formality, and vice … versa. Further, there is significant churning in and out of different dimensions of formality within a relatively short …