Charlot, Olivier; Malherbet, Franck; Terra, Cristina - Institut zur Zukunft der Arbeit <Bonn> - 2011
regulations leadto a simultaneous reduction in informality and unemployment. The difference between thesetwo policy options lies …This paper studies the impact of product and labor market regulations on informality andunemployment in a general … labor market, and wages are determined through bargaining between largefirms and their workers. The informal sector is found …