Structural Reform Packages, Sequencing, and the Informal Economy

Structural Reform Packages, Sequencing, and the Informal Economy
This paper explores the macroeconomic impacts of labor and product market deregulation using a small open-economy model with formal and informal markets. We examine both the long-run effects and the transition towards the post-reform equilibrium, while our main focus are reform packages and sequencing. The unofficial sector is a major... READ MORE...

Publication date: May 2017
ISBN 9781484302101
$18.00

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