Maurin, Alain; Sookram, Sandra; Watson, Patrick Kent - In: International Economic Journal 20 (2006) 3, pp. 321-341
In this paper, an attempt is made to measure the hidden economy of Trinidad & Tobago over the period 1973-1999, within the Structural Cointegrating VAR (SCVAR) framework. Using a Tanzi-type currency demand approach as a starting point, a multiple equation SCVAR model is estimated that contains...