Morales-Piñero, Jesús
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- Publicación |What were the effects of the 2012 tax reform on Colombia’s labor market? This article shows that reducing taxes associated with labor hiring increased formal employment, reduced informality, and lowered the unemployment rate. These findings provide valuable input for the design of public policies…
- Publicación |“… the costs of informality are higher: workers have limited social protection, businesses are less productive, and the state has reduced capacity to collect taxes and provide public goods. This leads to inefficient allocation of resources, which negatively impacts the country's economic growth.”























