The study is focused on estimating the informal economy in Romania based on survey in households. Moreover, some specific dynamic models to simulate complicated types of household’s behaviour (regimes) relating to participation in informal economy are presented.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
14286.
Find related papers by JEL classification: C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household O17 - Economic Development, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Microeconomic Data E26 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
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