......Occupational Choice Model..

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......Occupational Choice Model..

• Presented by Erita Narhetali and
• Olexiy Polkovnikov

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Informality a Brief Concepts

• The concept of informality how livelihoods are
  shaped....(Hart, 2006)

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Informality a Brief Concepts...(contd)

• Informal sector according to....
• The Dualist School
• The Legalist School
• The Structuralist School
• Integrate them!

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• Informal formal employment

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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...!

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Enterpreneurship

• ...is different in Developed and Developing
  countries, of course!
• Current policy should endorse enterpreneurship
  activities than Microfinances or SMEs

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Occupational choice model

• Origins and history
• Model set up
• Solution and equilibrium

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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

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• Thank you for your attention
• and please make your comments