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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Franjo, Luis
مؤلفون آخرون: Pouokam, Nathalie, Turino, Francesco
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2020.
سلاسل:IMF Working Papers; Working Paper ; No. 2020/211
الوصول للمادة أونلاين:Full text available on IMF