Jovanovic, Branimir - Narodna Banka na Republika Makedonija - 2015
This paper estimates the unrecorded economic activity and employment in Macedonia during 1998-2013. We model the … employment, we will be able to calculate the true rate of unemployment in Macedonia. The findings suggest that unrecorded … economic activity in Macedonia has declined sizeably, from 34 percent of official GDP in the late 1990's, to 10 percent in 2010 …