The paper investigates how tax rates, corruption and institutional aspects of the labour market influence the size of the segments of the labour market such as unemployment, employment, self-employment and activity in the hidden economy. The novelty of our approach is the theoretical...

Since there are no broadly accepted macro-level estimations for the size of the hidden economy, the interrelationships of the hidden economy with different segments of the labor market have to be approached in a number of different ways. In our cross-country analysis, in parts 2 and 3 we use...

This paper analyzes the role of labor market institutions in explaining the development of shadow economies in European countries. The analysis uses several alternative measures of the shadow sector, and examines the effects of labor institutions on the shadow sector in two specific regions: new...

Participation in the informal economy has skyrocketed in China, coinciding with emerging labour markets that are segmented along lines of ethnicity, gender and migrant status. While a large body of literature examines migrant and female outcomes in the labour market, minority outcomes are much...

Economic Globalization has a twofold impact on working individuals in developing economies – a surge in informal economic activities and fragmentation of work on one hand and expansion of opportunities, on the other. Economic globalization also implies increasing helplessness in the face of...

The relationship between shadow economy (or informal economy) and development has been extensively researched. But there is a lack of consensus on how institutional quality affects the size of informal economy in any country. Using the Kuznets Curve hypothesis we assess the relationship between...