Format du dépôt |
Fichier |
Type de dépôt |
Article dans une revue |
Titre |
en
Informality over the life-cycle
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Résumé |
en
In developing countries, informality is mainly concentrated among younger and older workers and low-skilled workers. In this study, we propose a dual labor market theory that highlights how frictions and taxation in the formal sector and educational choices interact to shape the informality rate over the life-cycle. We develop a life-cycle model with search frictions, skill heterogeneities, and endogenous educational choices. We carry out a numerical analysis and show that our model reproduces remarkably well the life-cycle patterns of informality, non-employment, and formal employment in Argentina. We analyze several public policies and show that an educational grant reduces both informality and non-employment and may be fully financed by the extra tax revenues generated by the increase in formal employment and wages. Lowering taxes may achieve similar results but is detrimental to the government budget, despite increasing the base on which they are levied.
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Auteur(s)
|
Julien Albertini
1
, Anthony Terriau
1, 2
1
GATE Lyon Saint-Étienne -
Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne
( 102550 )
- 93, chemin des Mouilles 69130 Écully
6, rue Basse des Rives 42023 Saint-Étienne cedex 02
- France
-
École normale supérieure de Lyon ( 6818 )
;
-
Université Lumière - Lyon 2 ( 33804 )
;
-
Université Claude Bernard Lyon 1 ( 194495 )
;
-
Université de Lyon ( 301088 )
;
-
Université Jean Monnet - Saint-Étienne ( 300284 )
;
-
Centre National de la Recherche Scientifique UMR5824 ( 441569 )
2
GAINS -
Groupe d'Analyse des Itinéraires et des Niveaux Salariaux
( 198500 )
- Université du Maine - Avenue Olivier Messiaen - 72085 Le Mans cedex 9
- France
-
Le Mans Université ( 7566 )
|
Licence |
Paternité - Pas d'utilisation commerciale
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Langue du document |
Anglais
|
Nom de la revue |
|
Date de publication |
2019-08
|
Volume |
105
|
Page/Identifiant |
182-202
|
Domaine(s) |
-
Sciences de l'Homme et Société/Economies et finances
|
Mots-clés (JEL) |
-
E - Macroeconomics and Monetary Economics/E.E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy/E.E2.E26 - Informal Economy • Underground Economy
-
E - Macroeconomics and Monetary Economics/E.E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy/E.E2.E26 - Informal Economy • Underground Economy
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J - Labor and Demographic Economics/J.J4 - Particular Labor Markets/J.J4.J46 - Informal Labor Markets
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J - Labor and Demographic Economics/J.J4 - Particular Labor Markets/J.J4.J46 - Informal Labor Markets
-
J - Labor and Demographic Economics/J.J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers/J.J6.J64 - Unemployment: Models, Duration, Incidence, and Job Search
-
J - Labor and Demographic Economics/J.J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers/J.J6.J64 - Unemployment: Models, Duration, Incidence, and Job Search
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O - Economic Development, Innovation, Technological Change, and Growth/O.O1 - Economic Development/O.O1.O17 - Formal and Informal Sectors • Shadow Economy • Institutional Arrangements
-
O - Economic Development, Innovation, Technological Change, and Growth/O.O1 - Economic Development/O.O1.O17 - Formal and Informal Sectors • Shadow Economy • Institutional Arrangements
|
Mots-clés |
en
Informality, Search and matching, Life-cycle, Public policy, Laffer curve
|
DOI |
10.1016/j.jedc.2019.06.007 |
PII |
S0165-1889(19)30107-1 |