Macias, Jose Brambila; Cazzavillan, Guido - In: Research in economics : an international review of economics 63 (2009) 3, pp. 189-199
The existence of parallel economies that operate in the shadows of informality within most Latin American countries is widely recognized by the economic literature. However, its composition, size and effects on economic growth are still open questions. In this paper, we estimate the size and the...