Search Results
Showing results 1 to 1 of approximately 1.
(refine search)
Journal Article
On the Aggregate Implications of Removing Barriers to Formality
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.