Informal Employment : Safety Net or Growth Engine?

Is informal employment a safety net or a growth engine? To address this question, this paper studies the trends and cycles of informal employment. It first presents a theoretical model of long- and short-run behavior of informal labor. Then it analyzes these relationships empirically, using the shar...

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Bibliographic Details
Main Authors: Loayza, Norman V., Rigolini, Jamele
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4722