Políticas macroeconômicas e setor informal
DOI:
https://doi.org/10.1590/1980-53572423sbKeywords:
fiscal policy, monetary policy, informal sector, employment, product, formal sector, non-competitive sector, compectitive sectorAbstract
In order to understand the effects of the informal sector on an economy, a short-run, three sectors macroeconomic model is elaborated. Although restrictive fiscal and monetary policies, together with policies to increase nominal wages, reduce the level of employment and product of the formal sector, these policies increase both the employment and product level in the informal one. The final effect on average real wage for the economy is a decline.
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References
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Copyright (c) 1994 Siegfried Bender
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