Macroeconomic Impact of Product and Labor Market Reforms on Informality and Unemployment in India

Macroeconomic Impact of Product and Labor Market Reforms on Informality and Unemployment in India
This paper investigates the implications of lowering formal regulations in labor and product markets on informality and macroeconomic outcomes in India. We estimate a DSGE model with an informal sector, and rigidities in the formal labor and product markets. Along with increasing GDP and employment, deregulation also leads to lower informality... READ MORE...

Publication date: March 2016
ISBN 9781513545257
$18.00

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