The efficiency of the informal sector on the search and matching framework
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Borradores de Economía; No. 832
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2014-07-21
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2014-07-21
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.
Abstract
This paper analyzes efficiency in an economy with an informal sector that consists of unregulated self-employment, and where there are no costs of being informal, (Albrecht et al. (2009)). First, assuming workers in the formal sector are ex-ante heterogen
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Esta obra está bajo licencia internacional Creative Commons Reconocimiento-NoComercial 4.0.
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