Galiani, Sebastian; Weinschelbaum, Federico - Facultad de Ciencias Económicas, Universidad Nacional … - 2007
Informality is widespread in most developing countries. In Latin America, 50 percent of salaried employees work informally. Three stylized facts characterize informality: 1) small firms tend to operate informally while large firms tend to operate formally; 2) unskilled workers tend to be...