05944oam 22013694 450 991078823920332120230721045626.01-4623-0131-297866128405791-4518-6963-01-282-84057-61-4519-8931-8(CKB)3170000000055013(EBL)1605812(SSID)ssj0000944168(PQKBManifestationID)11595733(PQKBTitleCode)TC0000944168(PQKBWorkID)10983810(PQKB)11483809(OCoLC)815736367(MiAaPQ)EBC1605812(IMF)WPIEE2008102(EXLCZ)99317000000005501320020129d2008 uf 0engtxtccrMeasuring the Informal Economy in Latin America and the Caribbean /Guillermo Javier VuletinWashington, D.C. :International Monetary Fund,2008.1 online resource (31 p.)IMF Working PapersDescription based upon print version of record.1-4519-1417-2 Includes bibliographical references.Contents; I. Introduction; II. Methods for Measuring the Size of the Informal Economy; III. Data; A. Cause Variables; B. Indicator Variables; IV. Empirical Results; A. Preliminary Evidence; B. MIMIC Estimation Results; C. Estimation of the Size of the Informal Economy; D. Relative Contribution of Each Cause Variable to the Size of the Informal Economy; V. Concluding Remarks; References; Appendix; Data Construction and Sources; Figures; 1. MIMIC Estimation Results, Model 1; 2. MIMIC Estimation Results, Model 2; 3. MIMIC Estimation Results, Model 3; 4. Estimated Size of the Informal Economy5. Caribbean: Contribution of Each Cause Variable to the Size of the Informal Economy Tables; 1. Size of the Informal Economy and VAT Tax Evasion; 2. Correlations Between Cause and Indicator Variables; 3. Estimated Size of Informal Economy: Standardized and Absolute Values; 4. Caribbean: Estimated Absolute Size of the Informal Economy Under Alternative Model Specifications; 5. Relative Contribution of Each Causal Variable to the Size of the Informal EconomyThis 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.IMF Working Papers; Working Paper ;No. 2008/102TaxationEconometric modelsTaxationLatin AmericaTaxationEconometric modelsTaxationCaribbean AreaInformal sector (Economics)Latin AmericaEconometric modelsMacroeconomicsimfMoney and Monetary PolicyimfTaxationimfEconomics: GeneralimfAgribusinessimfInformal EconomyimfUnderground EconomimfLabor Economics: GeneralimfTaxation, Subsidies, and Revenue: GeneralimfAgriculture: GeneralimfMonetary SystemsimfStandardsimfRegimesimfGovernment and the Monetary SystemimfPayment SystemsimfEconomics of specific sectorsimfLabourimfincome economicsimfPublic finance & taxationimfAgricultural economicsimfMonetary economicsimfInformal economyimfLaborimfTax incidenceimfAgricultural sectorimfCurrenciesimfInformal sectorimfEconomicsimfLabor economicsimfTax administration and procedureimfAgricultural industriesimfMoneyimfTrinidad and TobagoimfTaxationEconometric modelsTaxationTaxationEconometric modelsTaxationInformal sector (Economics)Econometric models.MacroeconomicsMoney and Monetary PolicyTaxationEconomics: GeneralAgribusinessInformal EconomyUnderground EconomLabor Economics: GeneralTaxation, Subsidies, and Revenue: GeneralAgriculture: GeneralMonetary SystemsStandardsRegimesGovernment and the Monetary SystemPayment SystemsEconomics of specific sectorsLabourincome economicsPublic finance & taxationAgricultural economicsMonetary economicsInformal economyLaborTax incidenceAgricultural sectorCurrenciesInformal sectorEconomicsLabor economicsTax administration and procedureAgricultural industriesMoney330Vuletin Guillermo Javier1463967DcWaIMFBOOK9910788239203321Measuring the Informal Economy in Latin America and the Caribbean3673501UNINA