informal sector

Increases in Brazil’s national minimum wage between 2000 and 2009 moved the country from a regime of low minimum wage bite to one of high bite. This column exploits variation in the bite of the reform across states and industries to reveal immediate ...

When thinking about VAT incidence in countries with high registration thresholds it is important to consider the impact on VAT-unregistered firms. Their interaction with the VAT system matters for progressivity and introduces distortionary effects on...

Lower informality does not necessarily translate to higher total factor productivity or improved welfare

Cuts in tariffs on Vietnamese imports led to a reallocation of workers from the informal to the formal sector and increased labour productivity