TY - BOOK ID - 11953127 TI - Measuring the informal economy in Latin America and the Caribbean PY - 2008 VL - WP/08/102 SN - 1451914172 1462301312 1451989318 1282840576 1451869630 9786612840579 PB - [Washington, District of Columbia] : International Monetary Fund, DB - UniCat KW - Taxation KW - Informal sector (Economics) KW - Econometric models KW - Econometric models. KW - Hidden economy KW - Parallel economy KW - Second economy KW - Shadow economy KW - Subterranean economy KW - Underground economy KW - Duties KW - Fee system (Taxation) KW - Tax policy KW - Tax reform KW - Taxation, Incidence of KW - Taxes KW - Artisans KW - Economics KW - Small business KW - Finance, Public KW - Revenue KW - Macroeconomics KW - Money and Monetary Policy KW - Economics: General KW - Agribusiness KW - Informal Economy KW - Underground Econom KW - Labor Economics: General KW - Taxation, Subsidies, and Revenue: General KW - Agriculture: General KW - Monetary Systems KW - Standards KW - Regimes KW - Government and the Monetary System KW - Payment Systems KW - Economics of specific sectors KW - Labour KW - income economics KW - Public finance & taxation KW - Agricultural economics KW - Monetary economics KW - Informal economy KW - Labor KW - Tax incidence KW - Agricultural sector KW - Currencies KW - Informal sector KW - Labor economics KW - Tax administration and procedure KW - Agricultural industries KW - Money KW - Trinidad and Tobago UR - https://www.unicat.be/uniCat?func=search&query=sysid:11953127 AB - This 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. ER -