Busato, Francesco (contributor); Chiarini, Bruno (contributor) - 2004 - [Elektronische Ressource]
underground economy. Most recent studies use one of more of the following
definitions: (a) unrecorded economy (failing to fully or … sector extends to the estimation of its size. We are concerned with the size of the underground
economy as encompassing … down).
The model is calibrated for the United States economy, where the size of underground economy ranges
between 5 …