G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16497
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
URLhttps://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.
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