HALICIOGLU, Ferda; Dell’Anno, Roberto - Volkswirtschaftliche Fakultät, … - 2009
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 UE and recorded GDP. Design/methodology/approach: we propose to measure UE by...