In Lima, Peru, the informal sector makes up half the labor force, accounts for 61 percent of the hours worked, and generates an astounding 39 percent of GDP. More than half the street vendors are women. In the informal sector, the free play of market forces determines returns to productive factors, especially labor. Informal enterprises are concentrated in low-income areas of urban centers. The authors analyze Peru's urban informal sector - particularly...
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INFORMATION
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1990/08/31
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Document de travail de recherche sur les politiques
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WPS469
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1
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1
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2010/07/01
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Modeling economic behavior in Peru's informal urban retail sector
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informal sector
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