(in)Formalizing Jobs in Latin America and the Caribbean (Paperback)

Katharina Fietz

ISBN 10: 1464822387 / ISBN 13: 9781464822384

Published by World Bank Publications, Washington, 2026

About this Item

Paperback. This report aims to deepen our understanding of informality of work and employment outcomes in Latin American and Caribbean labor markets, focusing on the interplay between personal income taxation, social protection policies, and consequently firm and workers' incentives to (in)formalize agreements. Exploring workforce informality across Latin American and Caribbean labor markets, the report examines how personal income taxes and social protection policies shape firm and worker choices between formal and informal employment structures. It reveals the complex interplay of policy and incentive. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.

Seller Inventory # 9781464822384

Bibliographic Details

• Title: (in)Formalizing Jobs in Latin America and the Caribbean (Paperback)
• Publisher: World Bank Publications, Washington
• Publication Date: 2026
• ISBN 10: 1464822387
• ISBN 13: 9781464822384
• Binding: Paperback
• Condition: new

About this title

Synopsis

This report aims to deepen our understanding of informality of work and employment outcomes in Latin American and Caribbean labor markets, focusing on the interplay between personal income taxation, social protection policies, and consequently firm and workers' incentives to (in)formalize agreements. The report introduces a new analytical framework that centers on individual worker decisions, based on the value workers ascribe to present and future (contingent) benefits as compared with their costs, alongside negotiations with employers shaped by labor market competitiveness. Empirical analysis identifies and quantifies incentives for (in)formal employment and to simulate how reforms to policies and programs affect these incentives. This analysis underpins recommendations to improve the incentives to formalize employment and participate in personal income tax and social protection systems across LAC countries.