Estimación del tamaño de la economía oculta por medio de la demanda por circulante

Hildegart Ahumada (), Alfredo Canavese, Paula Canavese () and Facundo Alvaredo ()
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Paula Canavese: University of Chicago

Revista de Analisis Economico – Economic Analysis Review, 2003, vol. 18, issue 1, 103-115

Abstract: Una revisión de la metodología con una ilustración para Argentina Abstract: The "monetary method" to measure the size of the shadow economy is based on econometric estimates of the demand for currency. These estimates are used to reckon the currency held by economic agents in excess of the amount they need to finance registered transactions. This excess of currency multiplied by the income-velocity of circulation (assumed to be equal in the registered and the shadow economies) allows measuring unregistered GDP (the size of the shadow economy). Classification-JEL: H3, K4 Keywords: demand for currency, income-velocity of circulation, measuring unregistered GDP

Date: 2003
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