Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/57112
Title: Currency demand approach : is it adequate to estimate the size of the Maltese shadow economy?
Authors: Schembri, Elena
Keywords: Informal sector (Economics) -- Malta
Cash transactions -- Malta
Tax evasion -- Malta
Issue Date: 2018
Citation: Schembri, E. (2018). Currency demand approach : is it adequate to estimate the size of the Maltese shadow economy? (Bachelor’s dissertation).
Abstract: This dissertation looks at various approaches used to estimate the shadow economy, while focusing on the Currency Demand Approach (CDA) and its appropriateness to estimate the Maltese shadow economy. The assessment of the CDA unearthed some key insights. First, the approach gives results that, overall, do not follow with a priori. Second, the majority of CDA estimates differed significantly from MIMIC estimates for Malta. Third, various reasons are identified as to why the CDA is not appropriate to measure the Maltese shadow economy, including the lack of data, and the fact that CDA fails to include variables that capture technological advancement and changes in behaviour.
Description: B.COM.(HONS)ECONOMICS
URI: https://www.um.edu.mt/library/oar/handle/123456789/57112
Appears in Collections:Dissertations - FacEma - 2018
Dissertations - FacEMAEco - 2018

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