Financial Frictions and Firm Informality : A General Equilibrium Perspective /

In this paper we build a model of occupational choice with informal production and progressive income taxation. We calibrate the model to the Brazilian economy to evaluate the impact of removing financial frictions on informality. We find that financial deepening leads to a drop in the size of the i...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Franjo, Luis
Rannpháirtithe: Pouokam, Nathalie, Turino, Francesco
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2020.
Sraith:IMF Working Papers; Working Paper ; No. 2020/211
Rochtain ar líne:Full text available on IMF