Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/194663 
Year of Publication: 
2017
Citation: 
[Journal:] Cogent Economics & Finance [ISSN:] 2332-2039 [Volume:] 5 [Issue:] 1 [Publisher:] Taylor & Francis [Place:] Abingdon [Year:] 2017 [Pages:] 1-13
Publisher: 
Taylor & Francis, Abingdon
Abstract: 
In the paper, we make an attempt to estimate the size of informal economy on the base of micro-data. Two main approaches are described and compared. They are implemented on the base of an RLMS sample for 2012. The first method, called single equation approach, is based on the specific category of household expenditures and the arbitrarily defined household type (self-employed or employee). The second method allows to obtain the results for income under-report for both wage income and self-employment income, and uses information on all the household current consumption categories. The single equation model is restricted to one expenditure category and two types of households, although it enables to perform the estimation on different subsamples of households with various socioeconomic characteristics. The comparison of the system of equations approach with single equation is made concerning the scale of informal economy and the role of wage-income under-report, which is possible to obtain through the system.
Subjects: 
under-reported household income
household consumer behavior
under-reported income parameter
regression analyses
JEL: 
C21
C26
D11
D12
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size
635.64 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.