G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w28391
来源IDWorking Paper 28391
Trade and Informality in the Presence of Labor Market Frictions and Regulations
Rafael Dix-Carneiro; Pinelopi K. Goldberg; Costas Meghir; Gabriel Ulyssea
发表日期2021-01-25
出版年2021
语种英语
摘要We build an equilibrium model of a small open economy with labor market frictions and imperfectly enforced regulations. Heterogeneous firms sort into the formal or informal sector. We estimate the model using data from Brazil, and use counterfactual simulations to understand how trade affects economic outcomes in the presence of informality. We show that: (1) Trade openness unambiguously decreases informality in the tradable sector, but has ambiguous effects on aggregate informality. (2) The productivity gains from trade are understated when the informal sector is omitted. (3) Trade openness results in large welfare gains even when informality is repressed. (4) Repressing informality increases productivity, but at the expense of employment and welfare. (5) The effects of trade on wage inequality are reversed when the informal sector is incorporated in the analysis. (6) The informal sector works as an "unemployment," but not a "welfare buffer" in the event of negative economic shocks.
主题International Economics ; Trade ; Labor Economics ; Labor Market Structures ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w28391
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586065
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GB/T 7714
Rafael Dix-Carneiro,Pinelopi K. Goldberg,Costas Meghir,et al. Trade and Informality in the Presence of Labor Market Frictions and Regulations. 2021.
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