The Economics of Informality Conference 2018


The conference will be the first organized by the “Network on Informality Studies” at Universidad del Rosario.
The school of Economics at Universidad del Rosario (Bogota, Colombia) is pleased to invite you to The Economics of Informality Conference 2018. This Conference aims to bring together scholars, experts, young researchers, practitioners and policy makers to present their work and exchange knowledge and debate the issues about informal economy.


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  • Miniatura
    Ítem
    Acceso Abierto
    Regulation, social policy and informality
    (2018-05-29) Bardhan, Pranab; Margolis, David; Berry, Albert; Montenegro, Santiago; The Economics of Informality Conference 2018; Oviedo, Juan Daniel
    Durante el 28 y 29 de mayo la Universidad del Rosario fue epicentro de trascendentales debates sobre la economía informal en el país, congregando reconocidos académicos y miembros de sectores financieros gubernamentales y privados quienes discutieron en torno a las regulaciones, políticas y problemáticas de la informalidad.
  • Miniatura
    Ítem
    Acceso Abierto
    Panel : Economic development, inclusive growth and informality
    (2018-05-28) Bourguignon, Francois; Hairault, Jean-Olivier; Valencia, Oscar; Clavijo, Sergio; The Economics of Informality Conference 2018; Jaramillo, Fernando
    Durante el 28 y 29 de mayo la Universidad del Rosario fue epicentro de trascendentales debates sobre la economía informal en el país, congregando reconocidos académicos y miembros de sectores financieros gubernamentales y privados quienes discutieron en torno a las regulaciones, políticas y problemáticas de la informalidad.
  • Ítem
    Acceso Abierto
    Who pays? The distributional impacts of slowing economic growth in Latin American labor markets
    (2018-05-28) Sousa, Liliana; Reyes Ortíz, Giovanni Efraín; The Economics of Informality Conference 2018
    After a decade of strong growth and notable poverty and inequality reduction, Latin America finds itself in a pattern of regional slowdown. What, if any, are the distributional impacts of the slowdown? We study over 6 million labor market transitions from Argentina, Brazil, Mexico, and Peru to analyze how urban employment dynamics have adjusted to fluctuations in growth over the past decade. In particular, we focus on adjustments to labor market transitions to see if certain transitions, such as movements from employment to unemployment or from formal to informal work, are more sensitive to changes in growth and if some types of workers are more vulnerable to these changes. The results suggest that the emerging economies in this study have not shown significant changes in labor market transitions during the current growth slowdown. However, exploiting a decade of panel data of quarter-to-quarter transitions, we identify some sensitivity of labor market transitions to changes in growth and find that workers in low income quintiles are more likely to experience negative labor transitions than workers in high income quintiles during low growth periods.
  • Ítem
    Acceso Abierto
    Social assistance and informality: Examining the Link in Colombia
    (2018-05-28) Ospina, Mónica; Saavedra, Fabiola; The Economics of Informality Conference 2018
    This paper presents evidence on the labor market effects of social assistance programs in the short and medium run. We evaluate the impact of a Conditional Cash Transfer (CCT) program “Familias en Acción” on informality at the individual level in Colombia. We include three different perspectives on informality that capture different aspectsof the problem. We argue that even though it is not a desirable result, being a beneficiary of social programs may create perverse incentives towards informality. Weused survey data from the “Familias en Acción” program to identify whether the program had any effect on workers’ propensity to participate in the informal labor market in Colombia both one and four years after the program’s implementation. Toovercome the problem of unobserved time-invariant differences, our empirical strategy includes a combination of matching algorithms and difference-in-differences methodology. Our results show that worker’s informality condition may be affected by receiving CCT income.
  • Ítem
    Acceso Abierto
    Solving the Puzzle between the Minimum Wage and (In) formal Employment: An Analysis for a Developing Economy
    (2018-05-28) Arango, Salomé; García, Gustavo A.; Posso, Christian; The Economics of Informality Conference 2018
    This paper examines the effects of the minimum wage on employment, as well as other labor market outputs such as (in)formality, inactivity and hours of work. We use a data panel from 2009 to 2016 from the main regions of Colombiaand exploitthe exogenous variation of the minimum wage to isolate the effects of the simultaneous determination of employment and wages. The results show that the minimum wage negatively affectsboth formal and informal employment, which implies a decrease in the employment rate.