Sticks or Carrots? Comparing Effectiveness of Government Informal Economy Policies in Russia

RT @CompEconStudies: 🚕CES 60(4) now online🇷🇺 @jakluge & A Libman look at Russian taxi firms to compare government informality policies. Re…

RT @CompEconStudies: 🚕CES 60(4) now online🇷🇺 @jakluge & A Libman look at Russian taxi firms to compare government informality policies. Re…

🚕CES 60(4) now online🇷🇺 @jakluge & A Libman look at Russian taxi firms to compare government informality policies. Results suggest sticks (fines) work better than carrots (aid). Link to paper https://t.co/9IDb5qqGmg @SWPBerlin @LMU_Muenchen @Pal

Our paper on Russia's #informal economy, published in Comparative Economic Studies. Result: "Sticks" lead to formalization, "carrots" do not. Study is based on regional taxi licensing data (cross section), court data, and data on SME subsidies. Fulltext: h

Full (online) access to article: https://t.co/5BLpYmngNo

Available online first: https://t.co/cOecAfg0Kx