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of informality, leading us to take into consideration for the perfect understanding of the reality of the world of labor …
Persistent link: https://www.econbiz.de/10012797369
sluggish productivity improvements, particularly to determine how labour informality may have contributed. The study takes …
Persistent link: https://www.econbiz.de/10011610937
We argue that societies sometimes choose not to enforce the law to gain “flexibility”. Especially developing countries face a dilemma between discretion and commitment to only partially-contingent rules. Rules are good for incentives, but discretion may be more “flexible”. We embed this...
Persistent link: https://www.econbiz.de/10012025200
This paper proposes an equilibrium matching model for developing countries' labor markets where the interaction between public, formal private and informal private sectors are taken into account. Theoretical analysis shows that gains from reforms aiming at liberalizing formal labor markets can...
Persistent link: https://www.econbiz.de/10011732030
This paper studies the impact of informality on the long-run relationship between inflation and unemployment in … developing economies. I present a dynamic general equilibrium model with informality in both labor and goods markets and where … informality when considering the inflation-unemployment trade-off in the conduct of monetary policy. …
Persistent link: https://www.econbiz.de/10011790433
This paper proposes an equilibrium matching labor market model for developing countries where the interaction between public, formal and informal sectors is considered. Theoretical analysis shows that labor markets' liberalization reforms can be evicted by shifts in public employment. Since the...
Persistent link: https://www.econbiz.de/10011622730
This paper studies the interactions between the structure of product demand, relative wages, and the allocation of economic activity across two sectors. The agrarian sector produces a homogeneous good and consists of informal firms employing adults and children. The modern sector produces a...
Persistent link: https://www.econbiz.de/10009224869
the level of informality. Results suggest the importance of tailored data set selection when modelling IE with MIMIC. …
Persistent link: https://www.econbiz.de/10014285538
and implicitly mistaken for lucrative tax bases. First, I critically interrogate current conceptualizations of informality … to highlight how the informality that materially affects revenue mobilization goes beyond the hitherto narrow focus on … the visible informal sectors. I then demonstrate that informality is only one among many factors negatively associated …
Persistent link: https://www.econbiz.de/10013419021
assesses these approaches along with the factors related to informality-formality trade-off and the issue of formalisation as a …
Persistent link: https://www.econbiz.de/10005688734