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The labyrinth of the informal economy: measurement strategies and impacts

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  • Victor Adame
  • David Tuesta

Abstract

One of the factors of the greatest upheaval to a country’s economic prospects is the substantial presence of the informal economy. The aim of this paper is to articulate a detailed statistical approach to identify the significance of such factors by examining key econometric strategies and availing ourselves of several different samples for over 160 countries.

Suggested Citation

  • Victor Adame & David Tuesta, 2017. "The labyrinth of the informal economy: measurement strategies and impacts," Working Papers 17/18, BBVA Bank, Economic Research Department.
    • Handle: RePEc:bbv:wpaper:1718
    as

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    References listed on IDEAS

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    More about this item

    Keywords

    Financial Inclusion ; Global ; Working Paper;
    All these keywords.

    JEL classification:

    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy

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