The size of the informal economy in Poland is estimated by means of the Currency Demand Approach (CDA). Using quarterly …

study used quarterly time series data from 2000 to 2020 and employed the Currency Demand Approach (CDA) for modeling the …

Demand Approach and the Multiple Indicator Multiple Causes (MIMIC) model. Given the unobservable nature of the shadow economy …The paper applies two commonly used methods in the literature to estimate the shadow economy in Malta, the Currency …

Demand Approach and the Multiple Indicator Multiple Causes (MIMIC) model. Given the unobservable nature of the shadow economy …The paper applies two commonly used methods in the literature to estimate the shadow economy in Malta, the Currency …

explanatory variables used in the currency demand approach and MIMIC model, we consider variables that are specifically related to …We estimate the size and trend of the Egyptian shadow economy using two of the most common methods: the currency demand … approach and the structural equation MIMIC model. To the best of our knowledge, this is the first comprehensive study to …

model. The currency demand approach can lead to highly implausible results; the size of the shadow economy might be largely … currency demand approach cannot be used as long as it employs the same variables for its constructions. …

model. The currency demand approach can lead to highly implausible results; the size of the shadow economy might be largely … currency demand approach cannot be used as long as it employs the same variables for its constructions. …