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...

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書目詳細資料
主要作者: Franjo, Luis
其他作者: Pouokam, Nathalie, Turino, Francesco
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2020.
叢編:IMF Working Papers; Working Paper ; No. 2020/211
在線閱讀:Full text available on IMF