The improbable transition to formality, by Miguel Jaramillo
“Two traits are key to characterizing workers who transition from informality to formality: education and age. Greater education increases the probability of entering salaried formality from all labor segments, and more pronounced for the increase in education. high school to high school.”
Miguel Jaramillo, Senior Researcher at GRADE, shares recent evidence on mobility between the formal and informal sectors. This article was published by the Peruvian Institute of Economy (IPE).
