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Book Cover
E-book
Author Elgin, Ceyhun

Title The Informal Economy Measures, Causes, and Consequences
Published Milton : Taylor & Francis Group, 2020

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Description 1 online resource (201 p.)
Series Routledge Frontiers of Political Economy Ser
Routledge Frontiers of Political Economy Ser
Contents Cover -- Half Title -- Series Page -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- Preface -- 1 Informality: Curse or Opportunity? -- 2 Definitions of Informality -- 2.1 Defining Informality -- 2.1.1 Definitions from Early Descriptive Literature -- 2.1.2 Definitions used by National and International Institutions -- 2.1.3 Toward a Robust Definition -- 2.2 State of the Art Review -- 2.2.1 Informality in the Recent Literature -- 2.2.2 Future Directions in the Literature on Informality -- 3 Measuring Informality -- 3.1 Motivation Behind Measurement -- 3.2 Existing Methods
3.2.1 Direct Methods -- 3.2.2 Indirect Methods -- 3.2.3 Model-Based Methods -- 3.3 A Recent Method on the Frontier -- 3.3.1 The Model -- 3.3.2 Solving the Model -- 3.3.3 Calibration and Data Construction -- 3.3.4 Constructed Data Set -- 3.3.5 A Sectoral Model -- 3.4 Comparison of Different Methods -- 3.4.1 All Models Considered -- 3.4.2 MIMIC versus DGE -- 4 Size of the Informal Sector Worldwide -- 4.1 Measures and Trends for the Global Economy -- 4.2 Regional Statistics -- 4.3 The Informal Sector in Cities Worldwide -- 4.3.1 Simple Regression Analysis -- 4.4 Forecasts for the Near Future
5 Determinants of Informality -- 5.1 Literature on the Determinants of Informality -- 5.2 Tax Burden -- 5.2.1 A Quick Look at the Plain Data -- 5.2.2 A Simple Model on Taxes and Informal Sector -- 5.2.3 Empirical Analysis -- 5.3 Institutional Quality -- 5.3.1 A Theoretical Framework -- 5.4 Other Determinants and Policy Implications -- 5.4.1 Other Macroeconomic Determinants of Informality -- 5.4.2 Implications for Policy-Makers -- 6 Effects of Informality -- 6.1 Effects on Fiscal Policy -- 6.1.1 Effects on Taxes -- 6.1.2 Effects on Public Debt -- 6.2 Effects on Monetary Policy
6.2.1 Growth Effects of Inflation and Informal Sector -- 6.2.2 Effect on Monetary Policy through Housing Markets -- 6.3 Other Effects of Informality and Policy Implications -- 6.3.1 Unionization -- 6.3.2 Effects on Growth and Technology -- 6.3.3 Growth, Wage-Productivity Gap, and Informality -- 6.3.4 Pollution -- 6.3.5 Corporate Social Responsibility -- 6.3.6 Bilateral Trade Effects -- 6.3.7 Implications for Policy-Makers -- 7 Concluding Remarks -- Index
Notes Description based upon print version of record
Form Electronic book
ISBN 9781000163810
1000163814