Informality

Shadow Economy Analysis and Estimates

This area examines the size, causes, and consequences of shadow economies through various estimation methods to better understand their influence on economic development.

  • Estimating the size of the shadow economy using various methods (e.g., MIMIC, Gutmann’s approach).
  • Examining causes, consequences, and determinants of shadow economies at national and regional levels.
  • Studying the relationship between the shadow economy and factors like tax evasion, foreign direct investments, and governance indicators.

 

 

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