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consistence by using different estimation methods. Originality/value The current literature has focused on estimating the size of …
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of informality of 157 countries around the world, including developing, eastern European, central Asian and high income …
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selected EU countries (with particular emphasis on Italy and Poland), and finally, the concept of SE estimation based on SEM … of this phenomenon directly. This leads to the use of non‑standard estimation techniques based on latent variable models …
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We propose a multivariate Bayesian state space model to identify potential growth and the output gap consistent with the dynamics of the underlying production sectors of the economy and those of inflation and the labor market. Our approach allows us to decompose economic fluctuations and...
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