Equilibrium in the economy

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Table of contents

General introduction and summary 
1 Intrahousehold transfers, inheritance and implications on inequality 
1.1 Introduction
1.2 Motivating facts: Evidence from the National Transfer Accounts
1.3 The model
1.3.1 Model set-up
1.3.2 Equilibrium in the economy
1.3.3 Transitional dynamics and steady state
1.3.4 The intrahousehold transfers-inheritance ratio and wealth inequality
1.4 Comparative statics
1.5 Discussion
1.6 Concluding remarks
1.7 Appendix
2 The demographic boom and the rise of informal employment: The case for Egypt 
2.1 Introduction
2.2 The institutional context and motivating facts
2.3 The model
2.3.1 A simple static framework under pure competition
2.3.2 General set-up
2.3.3 Timing of events
2.3.4 Demographics, effort and matching
2.3.5 Workers’ value functions
2.3.6 Production
2.3.7 Equilibrium conditions
2.4 Numerical Analysis
2.4.1 Calibration
2.4.2 Simulations
2.5 Concluding remarks
2.6 Appendix
3 Exploring heterogeneity of micro and small enterprises in Morocco 
3.1 Introduction
3.2 Data and descriptives
3.2.1 The MSE Survey
3.2.2 Descriptive statistics
3.3 Empirical strategy
3.3.1 Defining top performers
3.3.2 Identifying potential gazelles and “others”
3.3.3 Exploiting the formality and informality of firms
3.4 Results
3.4.1 Identification of groups
3.4.2 Characteristic differences between the groups
3.4.3 Formal and informal firms
3.4.4 Choice of formality/informality
3.5 Robustness check: Expanding top performance identification
3.6 Discussion
3.7 Concluding remarks
3.8 Appendix
Bibliography