Abstract
This paper presents a simple monetary model for estimating the size and growth of the informal sector in developing nations. The model is empirically estimated for the Peruvian economy under a variety of specifications. Studies of the relationship between demographic change and economic activity are enhanced by knowledge of both the secular and cyclical patterns of growth of the informal economy.
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© 1989 Springer-Verlag Berlin Heidelberg
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Feige, E.L. (1989). Monetary Methods of Estimating Informal Activities in Developing Nations. In: Wenig, A., Zimmermann, K.F. (eds) Demographic Change and Economic Development. Studies in Contemporary Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-83789-0_12
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DOI: https://doi.org/10.1007/978-3-642-83789-0_12
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-51140-3
Online ISBN: 978-3-642-83789-0
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