Using three rounds of data from the Business Pulse Survey in South Asia, this paper studies the differential effects of the COVID-19 shock on informal firms. It also captures heterogeneity within informal firms based on the degree and motivation of informality. The findings suggest that the severity of the impact of the COVID-19 shock and the recovery speed are strongly associated with the degree of informality. Firms' external attributes, such as...
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2023/10/02
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Documento de trabalho sobre pesquisa de políticas
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WPS10579
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1
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2023/10/02
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Disclosed
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Do Shocks Perpetuate Disparities within and across Informal Firms ? Evidence from the COVID-19 Pandemic in South Asia
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