The DOI matches its Crossref record; 70 of the 70 references it cites were found in a registry or an index.
Firms, Informality, and Development: Theory and Evidence from Brazil
Open accessAbstract
This paper develops and estimates an equilibrium model where heterogeneous firms can exploit two margins of informality: (i) not register their business, the extensive margin; and (ii) hire workers “off the books,” the intensive margin. The model encompasses the main competing frameworks for understanding informality and provides a natural setting to infer their empirical relevance. The counterfactual analysis shows that once the intensive margin is accounted for, firm and labor informality need not move in the same direction as a result of policy changes. Lower informality can be, but is not necessarily associated with higher output, TFP, or welfare. (JEL D22, E26, H26, J46, O14, O17)
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Citations
Cites
The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
Melitz, M. J. (2003) · Econometrica · doi:10.1111/1468-0262.00467 · Cited by 12,309
The Dynamics of Productivity in the Telecommunications Equipment Industry
Olley, G. S., & Pakes, A. (1996) · Econometrica · doi:10.2307/2171831 · Cited by 7,112
Income tax evasion: a theoretical analysis
Allingham, M. G., & Sandmo, A. (1972) · Journal of Public Economics · doi:10.1016/0047-2727(72)90010-2 · Cited by 4,970
Misallocation and Manufacturing TFP in China and India*
Hsieh, C.-T., & Klenow, P. J. (2009) · Quarterly Journal of Economics · doi:10.1162/qjec.2009.124.4.1403 · Cited by 4,175
Djankov, S., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2002) · The Quarterly Journal of Economics · doi:10.1162/003355302753399436 · Cited by 3,956 · cited 2×
“…Persson 2013). as they imply that regulations generate wasteful, fixed costs that are associated to formalization, which is in line with the existing literature (e.g., De Soto 1989; Djankov et al. 2002; Bertrand and Kramarz 2002; Kaplan, Piedra, and Seira 2011; De Mel, McKenzie, and Woodruff 2013).”
Misallocation and Manufacturing TFP in China and India
Hsieh, C.-T., & Klenow, P. (2007) · National Bureau of Economic Research · doi:10.3386/w13290 · Cited by 1,934
Consumption Over the Life Cycle
Gourinchas, P.-O., & Parker, J. A. (2002) · Econometrica · doi:10.1111/1468-0262.00269 · Cited by 1,781
Finite state markov-chain approximations to univariate and vector autoregressions
Tauchen, G. (1986) · Economics Letters · doi:10.1016/0165-1765(86)90168-0 · Cited by 1,536
Maloney, W. F. (2004) · World Development · doi:10.1016/j.worlddev.2004.01.008 · Cited by 1,479
La Porta, R., & Shleifer, A. (2014) · Journal of Economic Perspectives · doi:10.1257/jep.28.3.109 · Cited by 1,474
Metadata
- Authors
- Ulyssea, G.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2018-08-01
- Volume
- 108
- Issue
- 8
- Pages
- 2015-2047
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W229983646
- Cited by
- 565
- References
- 70
- FWCI
- 66.96
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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