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Having in view the three main methods for the estimation of the informal economy's size, the study focuses in the first …
Persistent link: https://www.econbiz.de/10005248498
the inflation, abandoning thus the intermediary targets after 2003. Therefore, the estimation of the monetary condition …. Having in view the index estimation, the degree of openness of the Romanian economy is estimated to fall within the interval …
Persistent link: https://www.econbiz.de/10005772632
Repetitive Stochastic Guesstimation (RSG) is a probabilistic algorithm introduced in Charemza (1996) which mimics the usual guessing of the parameters involved in a complex large macroeconomic model. The paper analyzes the objective function employed by RSG and it establishes sufficient...
Persistent link: https://www.econbiz.de/10005612235
Using a Romanian household survey, the authors analysed the structure of households' income by sources (main job, secondary job, and informal activities), beginning by focusing on the data and methodological problems, certain clarifications being necessary. Afterwards, the size of informal...
Persistent link: https://www.econbiz.de/10005612287