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......Occupational Choice Model. Presented by Erita Narhetali and Olexiy Polkovnikov. Informality: a Brief Concepts. The concept of informality: how livelihoods are shaped....(Hart, 2006). Informality: a Brief Concepts...(cont’d). Informal sector according to.... The Dualist School
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......Occupational Choice Model.. Presented by Erita Narhetali and Olexiy Polkovnikov January 7, 2008 University of Warsaw
Informality: a Brief Concepts • The concept of informality: how livelihoods are shaped....(Hart, 2006) January 7, 2008 University of Warsaw
Informality: a Brief Concepts...(cont’d) Informal sector according to.... • The Dualist School • The Legalist School • The Structuralist School Integrate them! January 7, 2008 University of Warsaw
‘Informal ‘ formal employment January 7, 2008 University of Warsaw
Informality: Some comments • Characteristic is more important over definition • Contributed significantly to GDP in Developing and Transition Economies, especially after crises • Policy intervention should cover micro as well as macro-economy aspects, plus high-sustainable growth oriented...! January 7, 2008 University of Warsaw
Enterpreneurship • ...is different in Developed and Developing countries, of course! • Current policy should endorse enterpreneurship activities than Microfinances or SME’s January 7, 2008 University of Warsaw
Occupational choice model • Origins and history • Model set up • Solution and equilibrium January 7, 2008 University of Warsaw
Simulation and Policy implication • Borrowing Constraint Changes • Changes in the Interest Rate • Changes on Educational Efficiency • The average size of Business Firms • Changes in the Distribution of Schooling Resources January 7, 2008 University of Warsaw
Thank you for your attention and please make your comments January 7, 2008 University of Warsaw