Firms in the informal sector underperform those in the formal sector in value added per employee, stability of incomes, and vulnerability to external shocks. But does legal discrimination affect the choice of starting a business formally? The authors find that greater legal equality increases the chances of firms with female owners starting formal sector operations. Read more
Blog » Gendered Laws, Informal Origins, and Subsequent Performance (2021)
Gendered Laws, Informal Origins, and Subsequent Performance (2021)
Firms in the informal sector underperform those in the formal sector in value added per employee, stability of incomes, and vulnerability to external shocks. But does legal discrimination affect the choice of starting a business formally? The authors find that greater legal equality increases the chances of firms with female owners starting formal sector operations. Read more