@techreport{038e6303a6c642bf835f89b62152b359,
title = "Informality, Corruption, and Inequality",
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.",
keywords = "product, informal sector, corruption, differentiation, credit market, inequality",
author = "Ajit Mishra and Ranjan Ray",
note = "ID number: 13/10",
year = "2010",
language = "English",
series = "Bath Economics Research Working Papers",
publisher = "Department of Economics, University of Bath",
number = "13/10",
type = "WorkingPaper",
institution = "Department of Economics, University of Bath",
}
