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Taxation, public services, and the informal sector in a model of endogenous growth (English)

Abstract

Large informal sectors are an important characteristic of developing countries. The authors build a dynamic model in which the informal sector exists when overregulation (high tax rates and high cost for entering the formal sector) is coupled with an... See More +

Details

  • Braun, Juan; Loayza, Norman V.;
  • 1994/08/31
  • Policy Research Working Paper
  • WPS1334
  • 1
  • Taxation, public services, and the informal sector in a model of endogenous growth
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