Underground Activities and Labour Market Performance

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Underground Activities and Labour Market Performance

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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


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