Dell'Anno, Roberto; Halicioglu, Ferda - In: Journal of Economic Studies 37 (2010) September, pp. 627-646
Purpose – The goal of this paper is twofold: to estimate the unrecorded economy (UE) of Turkey over the period 1987-2007 using a revised version of the currency demand approach, and to analyze the relationship between the UE and recorded GDP. Design/methodology/approach – The paper proposes...