Please use this identifier to cite or link to this item: http://bura.brunel.ac.uk/handle/2438/7790
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dc.contributor.authorBennett, J-
dc.contributor.authorGould, M-
dc.contributor.authorRablen, MD-
dc.date.accessioned2013-12-10T15:47:51Z-
dc.date.available2013-12-10T15:47:51Z-
dc.date.issued2012-
dc.identifier.citationIZA Journal of Labor & Development, 1(1), 1-17, 2012en_US
dc.identifier.issn2193-9020-
dc.identifier.otherhttp://www.izajold.com/content/1/1/5-
dc.identifier.urihttp://bura.brunel.ac.uk/handle/2438/7790-
dc.description© 2012 Bennett et al.; licensee Springer. This is an Open Access article distributed under the terms of the Creative Commons Attribution License(http://creativecommons.org/licenses/by/2.0),which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.en_US
dc.description.abstractWe model an urban labour market in a developing economy, incorporating workers’ risk attitudes. Trade-offs between risk aversion and ability determine worker allocation across formal and informal wage employment, and voluntary and involuntary self employment. Greater risk of informal wage non-payment can raise or lower informal wage employment, depending on the source of risk. Informal wage employment can be reduced by increasing detection efforts or by strengthening contract enforcement for informal wage payment. As the average ability of workers rises, informal wage employment first rises, then falls. Greater demand for formal production may lead to more involuntary self employment.en_US
dc.languageen-
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.subjectRisk attitudesen_US
dc.subjectInformalityen_US
dc.subjectSelf employmenten_US
dc.titleRisk attitudes and informal employment in a developing economyen_US
dc.typeArticleen_US
dc.identifier.doihttp://dx.doi.org/10.1186/2193-9020-1-5-
pubs.organisational-data/Brunel-
pubs.organisational-data/Brunel/Brunel Active Staff-
pubs.organisational-data/Brunel/Brunel Active Staff/School of Social Sciences-
pubs.organisational-data/Brunel/Brunel Active Staff/School of Social Sciences/Economics and Finance-
pubs.organisational-data/Brunel/University Research Centres and Groups-
pubs.organisational-data/Brunel/University Research Centres and Groups/School of Social Sciences - URCs and Groups-
pubs.organisational-data/Brunel/University Research Centres and Groups/School of Social Sciences - URCs and Groups/Centre for Economic Development and Institutions-
Appears in Collections:Economics and Finance
Dept of Economics and Finance Research Papers

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