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Construction d’un modèle macroéconomique keynésien avec économie informelle: un exercice de simulation
[Construction of a Keynesian macroeconomic model with informal economy: a simulation exercise]

Author

Listed:
  • Slim, Sadri

Abstract

The purpose of this article is to construct a Keynesian model which integrates the informal economy, based on a short-term analysis. From a structural system of 23 equations, we propose a simple modeling that allows for an assessment of the impact of illegal activities on the major macroeconomic variables. Stemmed from a simulation exercise, the results indicate that multiplier effects due to a unit variation of informal income are significant on the main national aggregates. Particularly, for an economy which exhibits a high rate of imports penetration, multiplier effects lead to a reduction of legal income, legal savings of firms and government, legal investment as well as legal importations.

Suggested Citation

  • Slim, Sadri, 2007. "Construction d’un modèle macroéconomique keynésien avec économie informelle: un exercice de simulation [Construction of a Keynesian macroeconomic model with informal economy: a simulation exercise]," MPRA Paper 20656, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:20656
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    File URL: https://mpra.ub.uni-muenchen.de/20656/1/MPRA_paper_20656.pdf
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    Cited by:

    1. Slim, Sadri, 2015. "Un modelo Mundell-Fleming con economía ilegal y lavado de dinero [Modeling illegal economy and money laundering: a Mundell-Fleming framework]," MPRA Paper 64675, University Library of Munich, Germany.

    More about this item

    Keywords

    economie informelle; modèle macroéconomique; effets multiplicateurs;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy

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