@TechReport{iza:izadps:dp6935,
            	author={Charlot, Olivier and Malherbet, Franck and Ulus, Mustafa},
            	title={Efficiency in a Search and Matching Economy with a Competitive Informal Sector},
            	year={2012},
	month={Oct},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={6935},
            	url={https://www.iza.org/index.php/publications/dp6935},
	abstract={We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocation of the workers. It follows that our results give a rationale to informality-reducing policies.},
	keywords={search and matching models;informality;efficiency},
            }