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Misallocation, informality, and human capital: understanding the role of institutions

D'Erasmo, Pablo; Moscoso Boedo, Herman J.; Senkal, Asli - Federal Reserve Bank of Philadelphia - 2014

Accepted for publication, Journal of Economic Dynamics and Control The aim of this paper is to quantify the role of formal-sector institutions in shaping the demand for human capital and the level of informality. We propose a firm dynamics model where firms face capital market imperfections and...

Persistent link: https://www.econbiz.de/10010755869

Digital technology and productivity of informal enterprises : empirical evidence from Nigeria

Danquah, Michael; Owusu, Solomon - 2021

technology by informal enterprises on labour productivity. Using a sample of non-farm informal enterprises in Nigeria, we employ … productivity is significantly higher for enterprises that use digital technology than for non-users. Further analysis reveals that …

Persistent link: https://www.econbiz.de/10012590880

How important are management practices for the productivity of small and medium enterprises?

Demenet, Axel; Hoang, Quynh - 2018

managerial capital, combining both practices and attitudes, and link it with consistent estimates of firm-level productivity and … mark-up. Even though bias may still affect the estimation of the overall influence of managerial capital on productivity …

Persistent link: https://www.econbiz.de/10011874046

Informal sector misallocation

Lopez-Martin, Bernabe - 2016

A quantitative framework of firm dynamics is developed where the size of the informal sector is determined by financial constraints and the burden of taxation. Improving access to credit for formal sector firms increases aggregate TFP and output while reducing the size of the informal sector....

Persistent link: https://www.econbiz.de/10011489988

The gender productivity gap : evidence from the Indian informal sector

Gang, Ira N.; Raj, Rajesh S. N.; Sen, Kunal; Yun, Myeong-Su - 2021

We examine the patterns and correlates of the productivity gap between male-owned and female-owned firms for informal … productivity gaps observed at the lower end of the productivity distribution. Using decomposition methods, we find that about 73 … per cent of the productivity gap can be explained by structural effect, with the remainder being due to differences in …

Persistent link: https://www.econbiz.de/10012798554

Pay gaps and mobility for lower and upper tier informal sector employees : an investigation of theTurkish labor market

Duman, Anil - 2020

Many empirical studies found wage gaps between formal and informal sector workers even after controlling for a number of individual and firm level characteristics. While there is limited amount of research considering the same question in the Turkish labor market, wage gap between formal and...

Persistent link: https://www.econbiz.de/10012269077

The more the gloomier : development of informal employment and its effect on wages in Turkey

Duman, Anil; Duman, Alper - 2021

Various studies found wage gaps between formal and informal sector workers even after controlling for a number of individual and firm level characteristics. It has also been shown that earnings differentials across these sectors are quite stable over the years. While there is limited amount of...

Persistent link: https://www.econbiz.de/10012548495

Progress and stagnation in the livelihood of informal workers in an emerging economy : long-term evidence from Indonesia

Rizky, Mayang; Suryadarma, Daniel; Suryahadi, Asep - 2020

We use long-spanning individual longitudinal data to examine the long-term labour market outcomes of low-tier informal workers. We investigate their characteristics, calculate the extent of switching, and identify the characteristics of those who have switched. Finally, we estimate the earnings...

Persistent link: https://www.econbiz.de/10012309067

Labor outcomes during the transition from adolescence to adulthood : the role of personality, cognition, and shocks in Madagascar

Sahn, David E.; Villa, Kira M. - 2016

There is growing evidence that noncognitive skills affect economic, behavioral, and demographic outcomes in the developed world. However, little such evidence exists from developing countries. This paper estimates the joint effect of five specific personality traits and cognition on a sequence...

Persistent link: https://www.econbiz.de/10011580922

The informal sector in contemporary models of the aggregate economy

Leal, Julio - 2014

I review a contemporary branch of the informal sector literature that focus on understanding the way firm behavior is affected by the presence of informality and how such distortions have an impact on aggregate variables. The authors in this group all make use of dynamic general equilibrium...

Persistent link: https://www.econbiz.de/10010437139