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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Bibliographic details

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:	Efficiency Informality Search and matching models Economics Business & Economics Social Sciences Economic aspects Competition (Economics) Economics and Finance Humanities and Social Sciences L16 O1 Search and matching models J60 Efficiency E24 Informality E26 DEVELOPING-COUNTRIES
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