This paper constructs a theoretical model to study labor market regulations in developing countries within the context of structural transformation. When workers are risk averse and the market for insurance against labor income risk is missing, regulations that provide insurance to workers (such...

This paper studies tax evasion in the form of under-reported wages in Ecuador using microdata from a combination of electronic billing and personal income tax returns filed in 2017. Bringing together this novel combination of data, the study applies the standard method Pissarides and Weber...

This paper presents new evidence on how demography affects attitudes toward democracy and policy preferences. The empirical analysis disentangles age effects from cohort effects and separates their role from economic and political factors that shape political preferences in a given period, using...

Exposure to violent conflict increases prosocial behavior, which is a form of social capital or informal institutions. This article studies whether these changes to informal institutions map into change to formal institutions, and if this mapping is characterized by substitutability or...

Leading theories of institutional and economic development emphasize the role of informal norms and the strength of civil society. Though informal norms and civil society are usually thought to change incrementally, exposure to violent conflict may shock these institutions. Well identified...

This research aims to find out the relationship between informality and the internalization of the rules of behavior that are required for complexity in the economic situation, as a better knowledge is required for formalization policy to have a greater impact. First, we include a theory that...