Abstract In Latin America around 45% of the working population work in the informal economy. In Colombia it is almost half. The informal economy is made up of multiple and… Click to show full abstract
Abstract In Latin America around 45% of the working population work in the informal economy. In Colombia it is almost half. The informal economy is made up of multiple and different kinds of jobs, one of them street vending. This study examines the heterogeneity of street vending by comparing and contrasting two groups of street vendors. In this analysis, detailed information of social demographic characteristics, earnings, aspirations and perceptions of their work are used. Links between this sector and the formal economy are shown. This study shows that indeed street vendor sector has different components and policy makers should take this in account when framing public policies.
               
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