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high unemployment. Empirical evidence from Italy is also provided. …
Persistent link: https://www.econbiz.de/10012799882
model based on Italian data provides evidence in favor of an important underground sector in Italy, with a size that has …
Persistent link: https://www.econbiz.de/10011734189
loss in tax revenues caused by a lower tax level. Using a unique data set for the estimated underground economy in Italy …
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This paper analyzes the effects of fiscal policy in Italy by employing a database containing two statistical novelties …
Persistent link: https://www.econbiz.de/10009230776
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composition – in the peculiar context of Italy, the G7 country with the largest shadow-economy share. We posit that manufacturing …
Persistent link: https://www.econbiz.de/10013124461
We contribute to the debate on how to assess the size of the underground or shadow economy with a reinterpretation of the traditional Currency Demand Approach (CDA) à la Tanzi. We introduce three main innovations. First, we take as dependent variable in the money demand equation a direct...
Persistent link: https://www.econbiz.de/10013106588
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