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 ...

In the literature on development and modernization, it has been expected that with economic growth and a consequent increase in per capita income, the dualism between the formal and informal ...

This paper evaluates the impact of a VAT rate increase on bank account ownershipby Mexican micro-entrepreneurs considering informality as the main channel of this effect. Using two rounds of a ...

Micro firmscan be seen as potential growth drivers, as they are usually related to entrepreneurship, a relatively high share of micro firms can also be a sign of an underdeveloped productive ...

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 ...

We undertake an extended discussion of the latest developments about the existingand newestimation methods of the shadow economy. New results on the shadow economy for 158 countries all over ...

High and persistent labour informality has been a major problem for Latin American economies where most workers are excluded from social protectionandhave low and variable incomes.In the case ...

In 2012, the Colombian Government reduced employer payroll contributions from 29.5 to 16.0 percent. Two years later, the informality rate had diminished by about 4.0 per-centage points. This ...

What forces the businesses to hidein the shadows? There are two competing theories trying to explainthis behavior, one identifying high tax burdenand the other corruptionas the main force.As ...

Our paper aims at unveiling how much the monetary policy shall deviate from the zero-inflation allocation in an economy with a large informal sector. A first insight is thatinformality amplifies ...