......Occupational Choice Model.. Presented by Erita Narhetali and Olexiy Polkovnikov
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......Occupational Choice Model.. Presented by Erita Narhetali and Olexiy Polkovnikov 5/25/2016 January 7, 2008 University of Warsaw 1 Informality: a Brief Concepts The concept of informality: how livelihoods are shaped....(Hart, 2006) 5/25/2016 January 7, 2008 University of Warsaw 2 Informality: a Brief Concepts...(cont’d) Informal sector according to.... The Dualist School The Legalist School The Structuralist School Integrate them! 5/25/2016 January 7, 2008 University of Warsaw 3 ‘Informal ‘ formal employment 5/25/2016 January 7, 2008 University of Warsaw 4 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...! 5/25/2016 January 7, 2008 University of Warsaw 5 Enterpreneurship ...is different in Developed and Developing countries, of course! Current policy should endorse enterpreneurship activities than Microfinances or SME’s 5/25/2016 January 7, 2008 University of Warsaw 6 Occupational choice model Origins and history Model set up Solution and equilibrium 5/25/2016 January 7, 2008 University of Warsaw 7 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 5/25/2016 January 7, 2008 University of Warsaw 8 Thank you for your attention and please make your comments 5/25/2016 January 7, 2008 University of Warsaw 9