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dc.titleInequality, Institutions, and Informality
dc.contributor.authorGradstein, Mark
dc.contributor.authorChong, Alberto E.
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.date.available2011-02-07T00:00:00
dc.date.issue2004-09-01T00:00:00
dc.description.abstractThis paper presents theory and evidence on the determinants of the size of the informal sector. We propose a simple theoretical model in which the informal sector's size is negatively related to institutional quality and positively related to income inequality. These predictions are then empirically validated using different proxies of the size of the informal sector, income inequality, and institutional quality. The results are shown to be robust with respect to a variety of econometric specifications.
dc.identifier.doihttp://dx.doi.org/10.18235/0010954
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Inequality-Institutions-and-Informality.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectEconomy
dc.subjectSocial Development
dc.subject.keywordsWP-516
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
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