Informality, Corruption, and Inequality
Reference:
Mishra, A. and Ray, R., 2010. Informality, Corruption, and Inequality. Working Paper. Bath, UK: Department of Economics, University of Bath. (Bath Economics Research Working Papers; 13/10)
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Official URL:
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Abstract
The paper looks at the determinants of the size of the informal sector. We argue that corruption and informality complement each other and are jointly determined by various market and non-market variables. Our theoretical model as well empirical exercises focus on wealth and income inequality as a key determinant. High degree of inequality leads to bigger informal sector. We offer several plausible channels through inequality can impact the size of the informal sector.
Details
| Item Type | Reports/Papers (Working Paper) |
| Creators | Mishra, A.and Ray, R. |
| Uncontrolled Keywords | product, informal sector, corruption, differentiation, credit market, inequality |
| Departments | Faculty of Humanities & Social Sciences > Economics |
| Research Centres | Bath Economics Research |
| Status | Published |
| ID Code | 22127 |
| Additional Information | ID number: 13/10 |
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