Informality and Macroeconomic Volatility : Do Credit Constraints Matter?

ABSTRACT: Purpose – The purpose of this paper is to study the implications of borrowing constraints characterizing the informal sector for macroeconomic volatility. Design/methodology/approach – To this end, the author develops a simple dynamic stochastic general equilibrium model wherein registered...

Full description

Autores:

Granda Carvajal, Catalina

Tipo de recurso:

Article of journal

Fecha de publicación:

2015

Institución:

Universidad de Antioquia

Repositorio:

Repositorio UdeA

Idioma:

eng

OAI Identifier:

oai:bibliotecadigital.udea.edu.co:10495/31870

Acceso en línea:

https://hdl.handle.net/10495/31870

Palabra clave:

Economía informal
Informal sector (Economics)
Evasión de impuestos
Tax evasion
Credit constraints
Volatilidad (Economía)

Rights

openAccess

License

http://creativecommons.org/licenses/by-nc-nd/2.5/co/