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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Employment and Prices in a Simple Macroeconomy
Organization Unit
Authors
  • Jacob Goeree
  • Charles A. Holt
Item Subtype Original Work
Refereed Yes
Status Published in final form
Journal Title Southern Economic Journal
Geographical Reach international
Volume 65
Number 3
Page Range 637 - 647
Date 1999
Abstract Text Summary Recent debate on the reasons for the informal sector has led to renewed focus on how to operationalize the measurement of informal employment. This paper investigates congruence between three empirical measures of the rate of informality using Brazilian household survey data for the period 1992-2004. Sixty-three percent of the economically active are informal according to at least one definition, but only 40\% are informal according to all three. Regression analysis is used to shed further light on differences in these measures. Appropriate measurement is therefore of high significance to policy analysis and design of appropriate strategies to reduce informality.
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