It finds that pervasive informality is associated with significantly weaker economic outcomes—including lower government resources to combat recessions, lower per capita incomes, greater poverty, less ...

Barra, Cristian and Papaccio, Anna 2024. Does Regulatory Quality Reduce Informal Economy? A Theoretical and Empirical Framework. Social Indicators Research, Vol. 172, Issue. 2, p. 543. The 'informal' ...

To paraphrase Castells and Portes’s definition, the informal economy is ‘all income-generating activity that is unregulated in a context where similar activities are regulated’. The first ...