| dc.contributor.author |
Kolm, Ann-Sofie |
|
| dc.contributor.author |
Larsen, Birthe |
|
| dc.date.accessioned |
2010-11-15 |
|
| dc.date.accessioned |
2010-11-18T12:10:39Z |
|
| dc.date.available |
2010-11-18T12:10:39Z |
|
| dc.date.issued |
2010-11-18 |
|
| dc.identifier.uri |
http://hdl.handle.net/10398/8209 |
|
| dc.description.abstract |
This paper develops a general equilibrium search and matching
model where an underground economy co-exists along with the formal
part of the economy. In analyzing how tax and punishment policies
a¤ect labour market performance, we find that punishment of infor-
mal sector activities induce workers and firms to reallocate towards
the formal sector. However, more importantly, we find that this real-
location tends to improve e¢ ciency in search, reduce the overall wage
pressure, and reduce actual unemployment. |
en_US |
| dc.format.extent |
19 |
en_US |
| dc.language |
eng |
en_US |
| dc.relation.ispartofseries |
Working paper;5-2010 |
|
| dc.title |
Underground Activities and Labour Market Performance |
en_US |
| dc.type |
wp |
en_US |
| dc.accessionstatus |
modt10nov18 lbjl |
en_US |
| dc.contributor.corporation |
Copenhagen Business School. CBS |
en_US |
| dc.contributor.department |
Økonomisk Institut |
en_US |
| dc.contributor.departmentshort |
ECON |
en_US |
| dc.contributor.departmentuk |
Department of Economics |
en_US |
| dc.contributor.departmentukshort |
ECON |
en_US |
| dc.idnumber |
x656600607 |
en_US |
| dc.publisher.city |
Frederiksberg |
en_US |
| dc.publisher.year |
2010 |
en_US |
This work is licensed under a Creative Commons License.
