Vuletin, Guillermo Javier.
Measuring the Informal Economy in Latin America and the Caribbean Guillermo Javier Vuletin. [electronic resource] / Guillermo Javier Vuletin. - Washington, D.C. : International Monetary Fund, 2008. - 1 online resource (29 p.) - IMF Working Papers; Working Paper ; No. 08/102 . - IMF Working Papers; Working Paper ; No. 08/102 .
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 regulatory environment, higher inflation, and dominance of the agriculture sector are key factors in determining the size of the informal economy. The results also confirm that a higher degree of informality reduces labor unionization, the number of contributors to social security schemes, and enrollment rates in education.
1451869630 : 18.00 USD
1018-5941
10.5089/9781451869637.001 doi
Correlation
Equation
Informal Economy
Latent Variable
Social Security Schemes
Surveys
Antigua and Barbuda
Bahamas, The
Dominican Republic
Saint Vincent and the Grenadines
Measuring the Informal Economy in Latin America and the Caribbean Guillermo Javier Vuletin. [electronic resource] / Guillermo Javier Vuletin. - Washington, D.C. : International Monetary Fund, 2008. - 1 online resource (29 p.) - IMF Working Papers; Working Paper ; No. 08/102 . - IMF Working Papers; Working Paper ; No. 08/102 .
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 regulatory environment, higher inflation, and dominance of the agriculture sector are key factors in determining the size of the informal economy. The results also confirm that a higher degree of informality reduces labor unionization, the number of contributors to social security schemes, and enrollment rates in education.
1451869630 : 18.00 USD
1018-5941
10.5089/9781451869637.001 doi
Correlation
Equation
Informal Economy
Latent Variable
Social Security Schemes
Surveys
Antigua and Barbuda
Bahamas, The
Dominican Republic
Saint Vincent and the Grenadines