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Problems measuring the underground economy in transition
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SYSNO ASEP 0043594 Document Type J - Journal Article R&D Document Type Journal Article Subsidiary J Ostatní články Title Problems measuring the underground economy in transition Title Problémy měření šedé ekonomiky během transformace Author(s) Hanousek, Jan (NHU-N) RID
Palda, F. (CZ)Source Title Economics of Transition - ISSN 0967-0750
Roč. 14, č. 4 (2006), s. 707-718Number of pages 12 s. Publication form WWW - WWW Language eng - English Country GB - United Kingdom Keywords informal economy ; macro estimates of shadow economy ; transition Subject RIV AH - Economics R&D Projects GA402/04/0166 GA ČR - Czech Science Foundation (CSF) CEZ AV0Z70850503 - NHU-N (2005-2011) Annotation An easy method for measuring the size of the underground economy is to use macro data such as money demand or electricity demand to infer what the legitimate economy needs, and then to attribute the remaining consumption to the underground economy. We argue that the pace of change of these parameters is too variable in transition economies for the above methods of estimating the size of the underground economy to be applicable. Workplace Economics Institute Contact Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Year of Publishing 2007
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