This paper explores the macroeconomic impacts of labor and product market deregulation using a small open-economy model with formal and informal markets. We examine both the long-run effects and the transition towards the post-reform equilibrium, while our main focus are reform packages and...

We build an equilibrium model of a small open economy with labor market frictions and imperfectly enforced regulations. Heterogeneous firms sort into the formal or informal sector. We estimate the model using data from Brazil, and use counterfactual simulations to understand how trade affects...

O livro debate sobre um fenômeno social em crescimento na sociedade capitalista atual, a população em situação de rua, e sobre o trabalho informal, sua principal estratégia de sobrevivência, que lhe rende o suficiente somente para a reprodução da própria miséria. A discussão sobre o...

Chapter 1: When will formality become the norm? -- Chapter 2: Self-employment and Human Capital -- Chapter 3: Informal and Formal Employment in a Liberalizing Economy -- Chapter 4: Migrants and Informal Casual Labour Markets -- Chapter 5: Wage Disparity and Human Capital Accumulation -- Chapter...

A majority of workers in the world are informally employed and contribute to economic and social development through market and non-market activities that are not protected, regulated, well-recognised or valued. This study provides an in-depth diagnosis of informality and the vulnerability...

This working paper studies the complex relationship between technology adoption and infor­mality, leveraging recent cross-country data to analyse the effects of mobile phone subscrip­tions, internet access, automation and e-government on informal employment, vulnerable em­ployment, and the...

This paper explores the macroeconomic impacts of labor and product market deregulationusing a small open-economy model with formal and informal markets. We examine both thelong-run effects and the transition towards the post-reform equilibrium, while our main focusare reform packages and...