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The informal economy: Is policy based on correct assumptions?

The informal economy: Is policy based on correct assumptions?

By: Econ3x3      19th February 2019 We analyse the emphasis in informal-sector and informal-economy policy, highlighting who runs the risk of being missed. We then interrogate... 

Why has manufacturing employment declined so rapidly?

Why has manufacturing employment declined so rapidly?

By: Econ3x3      3rd October 2018 The manufacturing sector has performed poorly and employment has fallen sharply. Policy has tended to push manufacturing onto a more... 

The top 1% of incomes are increasing rapidly even with low economic growth

The top 1% of incomes are increasing rapidly even with low economic growth

By: Econ3x3      12th September 2018 We use tax data (which include accurate data for the very rich) to investigate the patterns of income growth over the period 2003 to 2016. Despite... 

More From Econ3x3
Creating jobs, reducing poverty V: Is ‘formalising’ the informal sector the answer?

Creating jobs, reducing poverty V: Is ‘formalising’ the informal sector the answer?

By: Econ3x3      21st August 2018 This extract from a new REDI3x3 book proposes a constructive way to approach the possible ‘formalisation’ of the informal sector. A common impulse... 

Creating jobs, reducing poverty III: Barriers to entry and growth in the informal sector – and business cycle vulnerabilities

Creating jobs, reducing poverty III: Barriers to entry and growth in the informal sector – and business cycle vulnerabilities

7th August 2018 Introduction The previous article discussed the size and impact of the South African informal sector, also distinguishing key policy-relevant... 

Creating jobs, reducing poverty II: The substantial employment performance of the informal sector

Creating jobs, reducing poverty II: The substantial employment performance of the informal sector

31st July 2018 Introduction The previous article discussed the size and impact of the South African informal sector, also distinguishing key policy-relevant... 

Creating jobs, reducing poverty I: Why the informal sector should be taken seriously and enabled properly

Creating jobs, reducing poverty I: Why the informal sector should be taken seriously and enabled properly

By: Econ3x3      26th July 2018 It is not uncommon to find researchers and commentators viewing informal-sector participants as being without aspirations or entrepreneurial... 

What affects job retention and job creation: reservation wages or reservation what?

What affects job retention and job creation: reservation wages or reservation what?

By: Econ3x3      2nd July 2018 Unemployment research typically inquires how to generate more jobs and how to keep workers working. Researchers often probe the reservation wage... 

Informal enterprise ownership: the importance of previous employment experience

Informal enterprise ownership: the importance of previous employment experience

By: Econ3x3      12th June 2018 Enterprises in the informal sector are known to have a precarious existence. The economic value and survival of an informal enterprise depend on... 

The sudden jump in the unemployment rate in 2015: Is there a break in the QLFS data?

The sudden jump in the unemployment rate in 2015: Is there a break in the QLFS data?

By: Econ3x3      17th May 2018 This article argues that there is a time-series break in StatsSA’s Quarterly Labour Force Survey (QLFS) in the first quarter of 2015. The principal... 

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