Climate change and technology adoption with a large informal sector

What are the aggregate consequences of policies that target adopting more efficient technologies in an economy with a large informal sector? Using a heterogeneous agents model with endogenous occupation choice between workers and formal and informal entrepreneurs and calibrated to Mexico, we found t...

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Bibliographic Details
Main Authors: Miguel Mascarúa, Ricardo Montañez-Enríquez
Format: Article
Language:English
Published: Elsevier 2025-09-01
Series:Latin American Journal of Central Banking
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Online Access:http://www.sciencedirect.com/science/article/pii/S2666143824000292
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