Macroeconomic Impact of Product and Labor Market Reforms on Informality and Unemployment in India /

This paper investigates the implications of lowering formal regulations in labor and product markets on informality and macroeconomic outcomes in India. We estimate a DSGE model with an informal sector, and rigidities in the formal labor and product markets. Along with increasing GDP and employment,...

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Bibliographic Details
Main Author: Anand, Rahul
Other Authors: Khera, Purva
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/047
Subjects:
Online Access:Full text available on IMF