Results 1 - 1 of 1 for PRIME [Author: Franz Hamann]
On the Aggregate Implications of Removing Barriers to Formality - Review
This article examines the aggregate implications of several policies aimed at removing barriers to formality. To this end, we build a dynamic equilibrium model in which heterogeneous agents choose to work for a wage or operate a technology in the formal or informal sector, based on the costs and benefits associated with these occupational choices.
research.stlouisfed.org/.../05/01/on-the-aggregate-implications-of-removing-barriers-to-formality