McKay, Andrew D.; Pirttilä, Jukka; Schimanski, Caroline - 2019
need to increase their tax revenues, policy makers face a trade-off between decreasing tax rates (making formalizing … potentially more attractive) and alternatively raising tax rates (potentially slowing down the formalization of the economy if … different sectors and the impact of tax changes on the extent of informality in developing countries is, however, very limited …