%0 Journal Article %T ESTIMATING THE SIZE OF ROMANIAN SHADOW ECONOMY USING THE CURRENCY DEMAND APPROACH %A ALEXANDRU ADRIANA ANAMARIA %A DOBRE ION %A GHINARARU CATALIN %J Annals of the University of Oradea : Economic Science %D 2009 %I University of Oradea %X In this paper, we estimate the size and the evolution of the Romanian shadow economy in the period 1998Q1-2008Q4, using a vector error correction model. A special attention it was given to the problem of non-stationarity and cointegration. The results ind %K shadow economy %K currency demand approach %K VECM %K Romania %U http://steconomice.uoradea.ro/anale/volume/2009/v2-economy-and-business-administration/104.pdf