WHAT DO WE KNOW ABOUT THE SIZE OF THE UNDERGROUND ECONOMY IN ITALY BEYOND THE "COMMON WISDOM"? SOME EMPIRICALLY TESTED PROPOSITIONS

Bovi MaurizioCastellucci Laura
CEIS Working Papers
It is commonly thought that the underground economy is larger in Italy than in most other developed countries and that it is growing. Using several methods of measuring it we found no sound support for such view but rather that it fluctuates around a stab
Number: 120
Date: Tuesday, June 1, 1999
Revision Date: Tuesday, June 1, 1999