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...

Full description

Saved in:
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:
L16
O1
J60
E24
E26
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