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The economics of the informal sector : a simple model and some empirical evidence from Latin America (English)

Abstract

The author presents the view that informal economies arise when governments impose excessive taxes and regulations that they are unable to enforce. The author studies the determinants and effects of the informal sector using an endogenous growth model... See More +

Details

  • Loayza, Norman A.;
  • 1997/02/28
  • Policy Research Working Paper
  • WPS1727
  • 1
  • 1
  • Latin AmericaCaribbean
  • Latin America & Caribbean
  • 2010/07/01
  • The economics of the informal sector : a simple model and some empirical evidence from Latin America
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