What is it about?
The aim of this paper is to map the spatial variations in the size of the shadow economy within the Brussels city-region. Data is reported provided by the National Bank of Belgium on the deposit of high denomination banknotes across bank branches in the 19 municipalities in the Brussels city-region.
Why is it important?
The finding is that the shadow economy is concentrated in wealthier populations and not in deprived or immigrant communities.
Read the Original
This page is a summary of: Mapping the Shadow Economy: Spatial Variations in the use of High Denomination Bank Notes in Brussels, European Spatial Research and Policy, June 2015, Uniwersytet Lodzki (University of Lodz), DOI: 10.1515/esrp-2015-0014.
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