This paper studies the trends and cycles of informal employment. It first presents a theoretical model where the size of informal employment is determined by th

A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. T

This paper studies the trends and cycles of informal employment. It first presents a theoretical model where the size of informal employment is determined by th

This paper studies the trends and cycles of informal employment. It first presents a theoretical model where the size of informal employment is determined by th

This survey assembles recent theoretical and empirical advances in the literature on economic informality and analyzes the causes and costs of informality in de