Currency Demand, the Underground Economy, and, Tax Evasion—The Case of Guyana

The persistence in Guyana of a substantial underground economy is an important consequence of economic and social policy over 1964-2000. The paper attempts to estimate the magnitude of, and changes to the underground economy in Guyana, as well as its adverse effect on tax collection, during this period.
Publication date: January 2003
ISBN: 9781451842432
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Economics- Macroeconomics , Economics- Macroeconomics , tax evasion , statistics , tax rates , tax base , equation , Econometric Modeling , Macroeconomic - Aspects of Public Finance , Macroeconomic Policy

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