The paper aims at qualifying the links between labor-market-institutions, taxation, tax monitoring, and underground economic activity. The proposed model is a continuous time matching model with one commodity roduced either overground or underground. Underground economic activity arises because...

This work questions the nature of money through the analysis of a complex set of local monetary systems located in Argentina (trueque). It is based on both the reconstitution of the history of the main national trueque networks (meso-level) and the observation of the monetary and financial...

Informality is ubiquitous in most developing countries. Understanding the informal economy is therefore of utmost importance from a political, economic and social point of view. Paradoxically, despite its economic importance, knowledge is extremely limited regarding the informal economy. It...