Karimo, Tari M.; Tumala, Mohammed M.; Wambai, Ibrahim U. - In: CBN journal of applied statistics 13 (2022) 2, pp. 1-40
This study investigates the size and determinants of the shadow economy in Nigeria. It adopts an aggregation approach … within the monetary framework and utilises the ARDL estimation technique to analyse quarterly data from 2010 Q1 to 2019 Q4 …. On average, the results suggest that the quarterly size of the shadow economy is about 55 per cent of the country's GDP …