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Author: | Lyssiotou, P. Pashardes, P. Stengos, T. |
Title: | Estimates of the black economy based on consumer demand approaches |
Journal: | Economic Journal
2004 : JUL, VOL. 114:497, p. 622-640 |
Index terms: | Consumer demand Informal economy |
Language: | eng |
Abstract: | This article proposes a consumer demand system approach for estimating the size of the black economy where alternative hypotheses affecting the empirical results can be tested in a framework. The writers illustrate their arguments by estimating the extent to which self-employment income in the UK is under-reported using parametric and non-parametric techniques. |
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