Cyclical movements in unemployment and informality in developing countries (English)

This paper analyzes the cyclical properties of worker flows in Brazil and Mexico, two important developing countries with large unregulated or “informal” sectors. It generates three stylized facts that are critical to the accurate modeling of the sector and which suggest the need to rethink the approaches to date. First, the unemployment rate is countercyclical essentially because job separations of informal workers increase dramatically in recessions...

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Author

Bosch Mossi,Mariano;

Maloney,William F.;
Document Date
2008/06/01
Document Type
Policy Research Working Paper
Report Number
WPS4648
Volume No
1
Total Volume(s)
1
Country
Mexico, Brazil,
Region
Latin America and Caribbean,
Disclosure Date
2010/07/01
Disclosure Status
Disclosed
Doc Name
Cyclical movements in unemployment and informality in developing countries
Keywords
unemployment rate

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Citation

Bosch Mossi,Mariano; Maloney,William F..

Cyclical movements in unemployment and informality in developing countries (English). Policy Research working paper ; no. WPS 4648 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/911311468049138854

Cyclical movements in unemployment and informality in developing countries (English)

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