Shadow economy is harmful to the economy for various reasons. On the other hand shadow economy restriction has some repercussions. In other words, there is perhaps a sort of trade-off between the restriction of shadow economy and the resulting macroeconomic repercussions. Hence, in the present...

Comprehensive coverage of national accounts estimates is important; however, it is often thwarted by gaps in the recording of economic activity - the so-called unrecorded economy. This paper sets out pragmatic statistical approaches for incorporating the unrecorded economy in the national...

Comprehensive coverage of national accounts estimates is important; however, it is often thwarted by gaps in the recording of economic activity – the so-called “unrecorded economy”. This paper sets out pragmatic statistical approaches for incorporating the unrecorded economy in the...