In this study, we analyze the link between income concentration and the size of the informal sector. We construct a simple model where income concentration determines demand and firms decide whether to operate in the formal or the informal economy is outlined. The government
Browsing: Labor market
Is Wealth A Loan? “The Win-Win-Win Papakonstantinidis Equi-Harmony Point”- The Queen’s Evidence Argument
The market-bank writes this additional capital into its assets Banks-as it is known- are interested more, to write a new loan than to payoff This “radical idea” based on this reversal in any bargain is examined in the frame of Nash Bargaining Theory (1950)
The regional poles on the labor market have been as following: Bucharest-Ilfov region for the best values of the studied indicators, and Northeast region and Southwest Oltenia region for the lowest values.