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...

詳細記述

書誌詳細
第一著者: Franjo, Luis
その他の著者: Pouokam, Nathalie, Turino, Francesco
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2020.
シリーズ:IMF Working Papers; Working Paper ; No. 2020/211
オンライン・アクセス:Full text available on IMF