Cichocki, Stanisław; Torój, Andrzej - In: Baltic journal of economics 23 (2023) 1, pp. 91-116
The size of the informal economy in Poland is estimated by means of the Currency Demand Approach (CDA). Using quarterly data for the period 1999–2019, we adopt two separate econometric approaches. First, we specify a single equation model to estimate it with the Fully-Modified OLS method....
