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After reading this study, I am trying to understand how these authors calculated "informal entrepreneurship."
They use datasets from the World Bank Group Entrepreneurship Snapshot (WBGES) and Global Entrepreneurship Monitor (GEM) to come up with an estimate for informal entrepreneurship by using the spread between formal entries from the WBGES and nascent entrepreneurship from the GEM.
After looking at table 1 in the appendix, I can't really understand how they reached those estimates. Can you please use Austria as an example to show step by step how they reached -0.042.
Attachment:- Assignment.rar
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