A review of the mode of regulation of the labor market regulation is expected according to the new "labor law" - in circulation for some time. The debate remains open as to the "illegalization" of informal job or the "formalization" of the informal economy. Informal employment (not affiliated...

This paper empirically tests whether individual-level informality status is linked to a weak social contract, as measured through individual perceptions of its various aspects. Accounting for workers’ heterogeneity and a possible simultaneity between informality status and attitudes towards...

A review of the mode of regulation of the labor market regulation is expected according to the new "labor law" - in circulation for some time. The debate remains open as to the "illegalization" of informal job or the "formalization" of the informal economy. Informal employment (not affiliated...

In Romania the government tried to stimulate the employment trough active measures since 2002. Therefore, there are two types of measures: one that attempts to increase the chances of employment of the persons that are looking to work. These measures include the following: job-matching services,...

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...

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...

We study the relationship between financial slack and employment formalization by exploiting heterogeneity in industry-level financial dependence in the spirit of Rajan and Zingales (1998). We use this heterogeneity along with time-series variation in aggregate credit to determine industry level...

In this work, it is shown that, the exceptionally large and expanding volume of the Indian informal sector and its growing (intra-sectoral) dualities/fissures are actually a consequence of the very growth process of the Indian economy, driven by the formal/modern sectors. Therefore, the answer...

In sub-Saharan Africa women work relatively more in the informal sector than men. Many factors could explain this difference, including women's lower education levels, legal barriers, social norms and demographic characteristics. Cross-country comparisons indicate strong associations between...

We study labor earnings dynamics in a developing economy with a large informal sector. We use nationally representative Brazilian panel data that cover both formal and informal workers. We document large disparities in earnings fluctuations faced by these segments of the labor market, as well as...