We study the e¤ects of underground activities on labour market dynamics in a RBC model with search frictions in the … labor market, bargained wage and quadratic hiring costs. Underground activities, which allow agents to (partially) evade …

and underground activities are explicitly incorporated. In particular, we show that a dynamic general equilibrium with tax …

counterproductive results in an economy characterized by existence of aggregate increasing returns to scale and underground activities. …

and underground activities are explicitly incorporated. In particular, we show that a dynamic general equilibrium with tax …

tax evasion and underground activities are explicitly incorporated. There are three main results. (i) The underground … fiscal policy within a dynamic general equi- librium model where tax evasion and underground activities are explicitly … and Underground Activities. ∗We are grateful to Guido Cazzavillan, Massimo Bordignon, John B. Donaldson, Gunnar T. Jepsen …

and underground activities are explicitly incorporated. In particular, the paper analytically measures (both from a …

This paper introduces underground activities and tax evasion into a one sector dynamic general equilibrium model with …Indeterminacy, Underground Activities and Tax Evasion Francesco Busato, Bruno Chiarini and Enrico Marchetti Working … PAPER Indeterminacy, Underground Activities and Tax Evasion Francesco Busato, Bruno Chiarini and Enrico Marchetti Working …

and underground activities are explicitly incorporated. In particular, we show that a dynamic general equilibrium with tax …