The informal sector and the macroeconomy : a computable general equilibrium approach for Peru

Bruce Kelley

Simulations show that informal activity reduces the Keynesian multiplier and complicates distributional issues as the income of formal workers and informal producers can move in opposite directions. A final simulation highlights the limitations of strategies designed to promote the informal sector. Total output and income of informal producers decline following an increase in productivity in these processes. (DSE/DÜI)

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Year of publication:	1994
Authors:	Kelley, Bruce R.
Published in:	World development : the multi-disciplinary international journal devoted to the study and promotion of world development. - Amsterdam : Elsevier Science, ISSN 0305-750X, ZDB-ID 185339-9. - Vol. 22.1994, 9, p. 1393-1411
Subject:	Dualwirtschaft \| Dual economy \| Makroökonometrie \| Macroeconometrics \| Allgemeines Gleichgewicht \| General equilibrium \| Peru

Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015118459