Resumen
An extensive phenomenon worldwide, but especially in developing economies, is the existence of large informal sectors. Indeed, Schneider, Buehn, and Montenegro (2010) report average sizes of over 40 percent of gross domestic product (GDP) for Sub-Saharan Africa, Latin America, and the Caribbean, which contrast with about 17 percent in high-income Organisation for Economic Co-operation and Development (OECD) countries. While both
Título traducido de la contribución | On the Aggregate Implications of Removing Barriers to Formality |
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Idioma original | Inglés |
Páginas | 203-220 |
Número de páginas | 18 |
Volumen | 102 |
N.º | 2 |
Publicación especializada | Federal Reserve Bank of St. Louis Review |
DOI | |
Estado | Publicada - may. 1 2020 |
Publicado de forma externa | Sí |