Persistence of informality in a developing conuntry

Informality is a common phenomenon in developing countries and an unusual one in industrialized countries. The persistence of informal employment is indicative of the impossibility of moving out of this status for a certain period of time. Using pseudo panel data, empirical evidence is presented to...

Full description

Autores:
Mora Rodríguez, Jhon James
Muro, Juan
Tipo de recurso:
Work document
Fecha de publicación:
2012
Institución:
Universidad ICESI
Repositorio:
Repositorio ICESI
Idioma:
eng
OAI Identifier:
oai:repository.icesi.edu.co:10906/67534
Acceso en línea:
http://hdl.handle.net/10906/67534
http://biblioteca2.icesi.edu.co/cgi-olib?session=-1&infile=details.glu&loid=249235&rs=6682677&hitno=-1
Palabra clave:
Dynamic informality
Probit modelspenal - Tesis
Economics
Pseudo panel
Economía
Rights
openAccess
License
https://creativecommons.org/licenses/by-nc-nd/4.0/
Description
Summary:Informality is a common phenomenon in developing countries and an unusual one in industrialized countries. The persistence of informal employment is indicative of the impossibility of moving out of this status for a certain period of time. Using pseudo panel data, empirical evidence is presented to show that this phenomenon occurs in a developing country like Colombia where education helps mitigate said persistent occurrence. The authors also present evidence that a minimum salary increase does not only result in increased informality, but also increases the persistence of informality. This kind of evidence can be used for discussing the persistence of informality in other developing countries.