Labor Market Informality and the Business Cycle

Nopic
Labor market informality is a pervasive feature of most developing economies. Motivated by the empirical regularity that the labor informality rate falls with GDP per capita, both at business cycle frequency and in a cross-section of countries, and that the Okun's coefficient falls with the level of labor informality, we build a small... READ MORE...

Publication date: November 2020
ISBN 9781513561288
$18.00

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Publication date: November 2020

English