Informality

Date and Location: Rome, 24-25 November 2014

Brief Description: The conference aimed to enhance dialogue between European statisticians, methodologists, and users of statistics, focusing on aligning with user needs (ESAC), showcasing best practices in statistical production (EUROSTAT, NSIs), and exploring innovative methods of data visualisation and communication. It provided a platform for presenting research themes relevant to official statistics, particularly in advancing the European Statistical System’s development goals for 2020.

IRDL’s Contribution:

Presentation: Estimating the Size of the Romanian Shadow Economy Using the MIMIC Approach

IRDL contributed with a study that applied the MIMIC (Multiple Indicators Multiple Causes) model to estimate the size of the shadow economy in Romania. This approach offered insights into the scale of informal economic activities, supporting a better understanding of economic informality and aiding in formulating targeted policies.

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