Productivity gaps atformal and informalmicrofirms
Although evidence of a productivity gap between formal and informal firms has been observed, this ‘‘formality premium” has been less explored for microfirms. The informality of microfirms is a central concern in low- and middle-income countries, leading to a crucial demand for designing economic policies addressing this issue. We fill this void by estimating a […]
Firms and informality a new data base for colombia
The article Firms & Informality identifies the main stylized facts of business informality in Colombia. To identify these facts, an innovative database (EEG) was built by attaching information from the Micro-business Survey (EMICRON), the structural surveys of manufacturing, trade, and services (EAM, EAC and EAS) and the questions asked to the employer by the household […]