Gadea, Mariá Dolores; Serrano-Sanz, José Mariá - In: Empirical Economics 27 (2002) 3, pp. 499-527
The aim of this paper is to estimate the level and evolution of hidden income in Spain during the period 1964-1997. To this end, we employ the well-known monetary approach which supposes that the hidden economy is a response on the part of the economic agents to the tax burden, one which...