Series: IMF Working Papers
Author(s): Guillermo Javier Vuletin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2008
Keywords: Informal economy, latent variable, equation, correlation, surveys, social security schemes,
This paper estimates the size of the informal economy for 32 mainly Latin American and Caribbean countries in the early 2000s. Using a structural equation modeling approach, we find that a stringent tax system and...