This paper describes the effects of pension benefits on pre-retirement labor supplyfor a representative sample of Chilean workers. Using non-linearities in benefits and areform that changed ...

n this paper we study the impact of minimum wage increase on the employmentstatus. Toward that goal, we rst empirically show that informal sector economy shows hetero-geneity though, on average, ...

We develop a search and matching model where firms and workers produce outputthat depends both on match-specific productivity and on worker-specific human capi-tal. The human capital is accumulated while working but ...

Informality is a widespread phenomenon in developing economies with negativeconsequences on productivity and inequality. Several policies have been implementedto decrease informality such as decreasing ...

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 ...

We examine the role that informal sector employment plays in poverty reduction using data from the National Income Dynamics Study (NIDS). Using a Shapley decomposition approach, wefind that ...

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 ...

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 ...

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 ...

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 ...