Granda-Carvajal, Catalina
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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…
- Eventos |Abstract
One major characteristic of developing countries is the parallel existence of a set of unregulated market activities known as the unofficial, shadow or informal economy. Also, there is extensive evidence suggesting that fiscal policy in these…
