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Modeling the interaction of legal and shadow economies at the macrolevel

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The paper proposes a model of the dynamics of various monetary savings of economically active members of a society with transitional shadow economy. Simulation experiments are conducted based on the model. They confirm negative phenomena peculiar to such an economy and specify the ways for unshadowing the economy.

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Correspondence to V. S. Grigorkiv.

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Translated from Kibernetika i Sistemnyi Analiz, No. 1, pp. 127–136, January–February 2008.

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Grigorkiv, V.S., Buyak, L.M. & Pauchok, V.K. Modeling the interaction of legal and shadow economies at the macrolevel. Cybern Syst Anal 44, 100–106 (2008). https://doi.org/10.1007/s10559-008-0009-6

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  • DOI: https://doi.org/10.1007/s10559-008-0009-6

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