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Estimating the Black Economy through Monetary Approach: A Case Study of Pakistan

Hussain, M. Haider et al.
Munich Personal RePEc Archive · Reports
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shadow-economy
In the recent years, the ‘black economy’ has held enormous appeal for policy makers. Presence of black economy creates critical misrepresentation of macroeconomic variables in official estimates that lead to the false determination and delusional impact of economic policies. Similarly, black economy
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