Informality, labor regulation, and the business cycle

Leyva, Gustavo; Urrutia, Carlos

doi:10.1016/j.jinteco.2020.103340

Cited by 25 publications

(14 citation statements)

References 43 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Almost all contributory social protection regimes in Latin America, which constitute the bulk of overall social spending, are tied to formal employment, thus excluding informal workers (Levy and Cruces, 2021 [13]). Short-time work schemes or other social security elements of the policy response to Covid-19 were therefore inaccessible to informal workers.…”

Section: Expanding Social Protection Schemes During the Covid-19 Crisismentioning

confidence: 99%

Towards better social protection for more workers in Latin America

2024

OECD Economics Department Working Papers

View full text Add to dashboard Cite

This document, as well as any data and map included herein, are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.Unclassified OECD Working Papers should not be reported as representing the official views of the OECD or of its member countries. The opinions expressed and arguments employed are those of the author(s).Working Papers describe preliminary results or research in progress by the author(s) and are published to stimulate discussion on a broad range of issues on which the OECD works.Comments on Working Papers are welcomed, and may be sent to the OECD Economics Department.This document was produced with the financial assistance of the European Union. The views expressed herein do not necessarily represent the official views of the European Commission, or of the Organization for Economic Cooperation and Development and its member countries. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.

show abstract

Section: Expanding Social Protection Schemes During the Covid-19 Crisismentioning

confidence: 99%

Towards better social protection for more workers in Latin America

2024

OECD Economics Department Working Papers

View full text Add to dashboard Cite

show abstract

“…The author studies the preference of selfemployment for certain social groups in different countries (von Bonfsdorff, Zhan, Song and Wang 2017;Bridges, Fox, Gaggero, & Owens 2017;Halvorsen & Marrow-Howell, 2017;Wu, Fu, Gu & Shi 2018). Informal employment, in turn, interest's researchers in many aspects, such as its scale (Imamoglu, 2016), the features of its existence in cities compared to the countryside (Bunakov, Aslanova, Zaitseva, Larionova, Chudnovskiy, & Eidelman 2019;Rigon, Walker & Koroma 2020), the comparison of the welfare of the formally and informally employed (Perez Perez, 2020), the role of informality in the deployment of business cycles (Leyva & Urrutia, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Informally Self-Employed in Russia: Attitude to Formalization (On the Example of Saint Petersburg)

Tarando

Malinina

Nikiforova

et al. 2022

Int. J. Criminol. Sociol.

View full text Add to dashboard Cite

The paper examines the attitude to the formalization of informally self-employed in Russia on the example of the city of St. Petersburg. The authors proceeded from the position that this social group is heterogeneous, and different characteristics of representatives of this social group affect the attitude to the formalization of their economic activity. The negative attitude to formalization of representatives of this social group was revealed on the surface. However, this negative attitude among different subgroups of informally employed people turned out to be different. The results of the study show that different age groups of informally self-employed people react differently to government initiatives regarding registration of such activities. The presence or absence of social status in the sphere of formal employment, which many self-employed people combine with informal economic activity, proved to be a significant social characteristic in forming the attitude of the informally self-employed to formalization. Thus, the great value has stability of the institutional framework of formal self-employment generated by the state, and the state’s determination to follow its promises given to informally self-employed, so that this social group formalized its economic activity. It was found that a fairly large proportion of the informally self-employed took up a waiting attitude towards the state’s initiatives to formalize the economic activities of this social group. This paper will be useful for representatives of Russian state authorities who are developing measures of socio-economic policy in relation to informally self-employed citizens.

show abstract

“…Sources of shocks causing business cycles. The informal economy can move procyclically or countercyclically, depending on the sectoral origin of the shocks that generate business cycles in the presence of wage rigidities, especially in the formal sector (Fiess, Fugazza, and Maloney 2010;Leyva and Urrutia 2020). Positive relative demand or productivity shocks to the non-tradable sector, especially services, where the share of informal employment tends to be higher could increase informal employment, generating procyclicality in informal employment, especially when combined with wage rigidities in the formal sector.…”

Section: Factors Influencing the Cyclicality Of The Informal Economymentioning

confidence: 99%

“…Similarly, it was shown that foreign interest rates are inversely and significantly related to formal job creation but insignificantly related to informal job creation and destruction, resulting in the countercyclicality of the share of informal employment(Leyva and Urrutia 2020).20 For discussions of these arguments, seeGuriev, Speciale, and Tuccio (2016),Loayza and Rigolini (2011), Maloney (2004), and Meghir, Narita, and Robin (2015.…”

mentioning

confidence: 99%

Growing apart or moving together? Synchronization of informal and formal economy cycles

Elgin

Köse²,

Ohnsorge³

et al. 2021

SSRN Journal

View full text Add to dashboard Cite

We study the degree of synchronization between formal-and informal-economy business cycles. Using a comprehensive database of informal activity that covers a wide range of informality measures from almost 160 countries over the 1990-2018 period, we report two major results. First, fluctuations in informal-sector output are strongly positively correlated with those in formal-sector output. In contrast, fluctuations in informal employment are largely uncorrelated with those in formal-sector output. Second, movements in the formal economy tend to spillover to the informal economy. Using a novel set of instrumental variables, we show that fluctuations in formal-sector output "cause" movements in informal-sector output.

show abstract

Informality, labor regulation, and the business cycle

Cited by 25 publications

References 43 publications

Towards better social protection for more workers in Latin America

Towards better social protection for more workers in Latin America

Informally Self-Employed in Russia: Attitude to Formalization (On the Example of Saint Petersburg)

Growing apart or moving together? Synchronization of informal and formal economy cycles

Contact Info

Product

Resources

About