Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16497 |
DP16497 Understanding Informality | |
Ceyhun Elgin; M. Ayhan Kose; Franziska Ohnsorge; Shu Yu | |
发表日期 | 2021-08-31 |
出版年 | 2021 |
语种 | 英语 |
摘要 | This paper introduces a comprehensive database of informal economic activity. The database focuses on measures that have strong cross-country and over time coverage: it includes both model-based and survey-based measures of informality and covers more than 160 economies for the period 1990-2018. The paper illustrates two applications of the database. First, it distills stylized facts of informal activity, including its declining trend and pervasiveness in emerging market and developing economies (EMDEs). Second, it documents the cyclical features of the informal economy. Overall, informal economy recessions (recoveries) do not differ significantly from those of formal economy. Like formal-economy business cycles, informal-economy business cycles tend to be shallower in advanced economies than in EMDEs. Informal employment in both advanced economies and EMDEs appears to be largely acyclical. |
主题 | International Macroeconomics and Finance |
关键词 | Informal economy Self-employment Employment Output Business cycles |
URL | https://cepr.org/publications/dp16497 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545452 |
推荐引用方式 GB/T 7714 | Ceyhun Elgin,M. Ayhan Kose,Franziska Ohnsorge,et al. DP16497 Understanding Informality. 2021. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。