ESTIMATING THE SIZE OF ROMANIAN SHADOW ECONOMY USING THE CURRENCY DEMAND APPROACH

In this paper, we estimate the size and the evolution of the Romanian shadow economy in the period 1998Q1-2008Q4, using a vector error correction model. A special attention it was given to the problem of non-stationarity and cointegration. The results ind

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Year of publication:	2009
Authors:	ANAMARIA, ALEXANDRU ADRIANA ; ION, DOBRE ; CATALIN, GHINARARU
Published in:	Annals of Faculty of Economics. - Facultatea de Ştiinţe Economice. - Vol. 2.2009, 1, p. 623-631
Publisher:	Facultatea de Ştiinţe Economice
Subject:	shadow economy \| currency demand approach \| VECM \| Romania

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	C32 - Time-Series Models ; E41 - Demand for Money ; O17 - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008512021