Mapping the Shadow Economy: Spatial Variations in the Use of high Denomination Bank Notes in Brussels
Mapping the Shadow Economy: Spatial Variations in the Use of high Denomination Bank Notes in Brussels
Author(s): Nicola Francesco Dotti, Bas van Heur, Colin C. WilliamsSubject(s): Social Sciences, Economy, National Economy, Sociology, Rural and urban sociology
Published by: Wydawnictwo Uniwersytetu Łódzkiego
Keywords: informal economy; undeclared work; cash deposits; Brussels
Summary/Abstract: The aim of this paper is to map the spatial variations in the size of the shadow economy within Brussels. Reporting data provided by the National Bank of Belgium on the deposit of high denomination banknotes across bank branches in the 19 municipalities of the Brussels-Capital Region, the nding is that the shadow economy is concentrated in wealthier populations and not in deprived or immigrant communities. The outcome is a call to transcend the association of the shadow economy with marginalized groups and the wider adoption of this indirect method when measuring spatial variations in the shadow economy.
Journal: European Spatial Research and Policy
- Issue Year: 22/2015
- Issue No: 1
- Page Range: 5-21
- Page Count: 17
- Language: English