Inequality, Institutions, and Informality

Gradstein, Mark; Chong, Alberto E.

dc.creator	Gradstein, Mark
dc.creator	Chong, Alberto E.
dc.date	2011-02-07T21:19:03Z
dc.date	2011-02-07T21:19:03Z
dc.date	2004-09-01
dc.date	2004-09-01
dc.date	2013-12-29T10:57:39Z
dc.date.accessioned	2014-09-09T00:48:58Z
dc.date.available	2014-09-09T00:48:58Z
dc.date.issued	2014-09-08
dc.identifier	http://www.iadb.org/en/publications/publication-detail,7101.html?id=6612
dc.identifier.uri	https://saber.ucab.edu.ve/xmlui/handle/123456789/15841
dc.description	This 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.format	ACROBAT
dc.language	en
dc.relation	IDB Working Paper Series
dc.subject	Economia
dc.subject	Economics
dc.subject	Economía
dc.subject	Desenvolvimento Social
dc.subject	Développement social
dc.subject	Social Development
dc.subject	Desarrollo social
dc.subject	WP-516
dc.title	Inequality, Institutions, and Informality
dc.type	Working Papers