Using the currency demand approach, size and development of Colombia's shadow economy are estimated over the period …. The most important factors driving the shadow economy are indirect taxation and unemployment. Analyzing the interaction …

This paper analyzes the effects of recent Venezuelan immigration to Colombia on the fiscal balance, the labor market … generates a negative effect on wages and an increase in the unemployment rate--and skilled workers, who benefit from higher … wages and lower unemployment. These changes in the labor market affect the government's revenue, resulting, in the long term …