Becerra-Camargo, Óscar Reinaldo
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- Publicación |“… the costs associated with informality are high: workers with limited social security, lower productivity among firms, and a State with reduced capacity to collect taxes and provide public goods. This results in an inefficient allocation of resources, ultimately hindering the country’s economic…
- Publicación |A 1% decrease in payroll costs would increase employment in the formal sector by between 0.5% and 0.9%. This implication is specific to the Colombian context, where the minimum wage is binding for a large portion of formal sector workers, making it likely that formal labor demand drives these…
