Efficiency in a search and matching economy with a competitive informal sector
We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocation of the workers. It follows that our results give a rationale to informality-reducing policies. ► W...
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Volume: | 118 |
---|---|
Main Author: |
Charlot, Olivier
Malherbet, Franck Ulus, Mustafa |
Format: | Journal Article |
Language: | English |
Zielgruppe: |
Academic |
Place of publication: |
LAUSANNE Elsevier B.V 01.01.2013 ELSEVIER SCIENCE SA Elsevier |
published in: | Economics letters Vol. 118; no. 1; pp. 192 - 194 |
ORCID: |
0000-0003-2245-2369 |
Data of publication: | January 2013 |
ISSN: |
0165-1765 1873-7374 |
EISSN: |
1873-7374 |
Discipline: | Economics |
Subjects: | |
Online Access: | available in Bonn? |
Database: | Social Sciences Citation Index Web of Knowledge Web of Science - Social Sciences Citation Index - 2013 Web of Science CrossRef Academic OneFile (A&I only) Hyper Article en Ligne (HAL) HAL-SHS: Archive ouverte en Sciences de l'Homme et de la Société Database information Databases - DBIS |