Informality: Family ties and retirement income
Bilge Ozturk Goktuna and
Renginar Dayangac
Research in Economics, 2024, vol. 78, issue 1, 73-82
Abstract:
This paper suggests a demand side analysis of informal employment characterised by incompliances with labour tax regulation, using a general equilibrium model with overlapping generations. A public social insurance provides benefits to formal employees in retirement, while we allow for an informal insurance mechanism for informal employees through a social norm of mutual support. The objective of the paper is to evaluate the impact of auditing policy and social norms on growth and social welfare. We define the private transfer rate to the informal population and provide an analysis on the impact of social norms to wage levels, growth and welfare.
Keywords: Informal employment; Pensions; Social norm of support; Auditing (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1090944324000061
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:reecon:v:78:y:2024:i:1:p:73-82
DOI: 10.1016/j.rie.2024.01.004
Access Statistics for this article
Research in Economics is currently edited by Federico Etro
More articles in Research in Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().