{"product_id":"revisiting-the-informal-sector-a-general-equilibrium-approach-von-sarbajit-chaudhuri-ujjaini-mukhopadhyay","title":"Revisiting the Informal Sector","description":"\u003cp\u003esector has drawn serious cognizance among economists in view of its role in developing economies. The earlier contention that the informal sector epitomises the ¿residual¿ sector or a sector of last resort has been belied by a plethora of evidences indicating its dynamic character and its instrumental role in ameliorating unemployment and in propelling the dev- oping economies towards growth and prosperity. This conceptual metamorphosis regarding the informal sector has stimulated revived interest in the phenomenon amongdevelopmenteconomists.Thereexistmanybooksthatdealwiththesector analyticallyorempirically. However, the theoretical analysis of the different aspects of the sector is equally important, especially for formulation of appropriate policy prescriptions. Comparativestaticresults,inmanycases,divergefromtheconventionalresults.We noticedthatalthoughvariousauthorshavepublishedtheoreticalpapersindifferent journals, there are very few books that try to understand the informal sector in a theoreticalframework.Thislacunainculcatedinusaninteresttowritethisbook.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9781489983268\"\u003e\u003ch3\u003eA General Equilibrium Approach\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9781489983268","offer_id":39416715411549,"sku":"9781489983268","price":106.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/d9978c08-bdb1-488e-a8c8-762932c29a46.jpg?v=1782360879","url":"https:\/\/shop.autorenwelt.de\/products\/revisiting-the-informal-sector-a-general-equilibrium-approach-von-sarbajit-chaudhuri-ujjaini-mukhopadhyay","provider":"Autorenwelt Shop","version":"1.0","type":"link"}