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- W2907984805 abstract "Since 1970s when term has penetrated into economic theory by designating everything that is not subject to legal regulations a state until today, concept informality has evolved from simple business activities carried out by poor population economies in development up to concept of informal employment , approached from point view jobs or workers, and the informal employment approach taken from perspective employer. Segmentation formal and informal workforce market is a specific feature any labor market, whether we are talking about a labor market in a developed economy or one from a developing economy, with difference that motivation that pushes individuals towards informality is different, namely instinct survival in developing economy and animal spirits that Keynes himself spoke in developed economies. Informality can be considered as a consequence transition period to a market economy in case countries that have undergone this transformation or even a consequence capitalism in developed countries. Labor market informality is a reality recognized today by entire scientific community, but still little understood, being a phenomenon that sometimes seems so natural and sometimes transcends our rational understanding. For this reason, there is a need for a better theorization concept in order to be able to correctly quantify it and thus to have a true image a dual economy: formal / informal." @default.
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- W2907984805 date "2018-01-01" @default.
- W2907984805 modified "2023-09-24" @default.
- W2907984805 title "Methodological and Theoretical Considerations regarding Informality on the Labor Market" @default.
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- W2907984805 doi "https://doi.org/10.24818/rmci.2018.1.54" @default.
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