Showing 1 - 10 of 18
Using various statistical procedures, estimates about the size of the shadow economy in 110 developing, transition and OECD countries are presented. The average size of the shadow economy (in percent of official GDP) over 1999-2000 in developing countries is 41 percent, in transition countries...
Persistent link: https://www.econbiz.de/10005765767
We provide a long-term perspective on the individual retirement behaviour and on the future of retirement. In a Markovian political economic theoretical framework, in which incentives to retire early are embedded, we derive a political equilibrium with positive social security contribution rates...
Persistent link: https://www.econbiz.de/10005094389
This paper presents the first MIMIC (multiple indicator multiple causes) model estimate of the size and development of the shadow economy and of do-it-yourself (DIY) activities in Germany from 1970 to 2005. By 2005, they reached a level of about 17% and 4.94%. While the shadow economy has...
Persistent link: https://www.econbiz.de/10005196190
Baumol’s cost disease states that relatively high productivity growth in manufacturing induces a steady increase in the relative price of human services. If demand for these services is inelastic or manufactured goods are necessities, the budget share of these services inexorably rises over...
Persistent link: https://www.econbiz.de/10005405791
Estimations of the size and development of the shadow economy for 145 countries, including developing, transition and highly developed OECD economies over the period 1999 to 2003 are presented. The average size of the shadow economy (as a percent of “official” GDP) in 2002/03 in 96...
Persistent link: https://www.econbiz.de/10005406249
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption and shadow economy are substitutes in high income countries while they are complements in low income countries. The hypotheses are tested for a cross-section of 120 countries and...
Persistent link: https://www.econbiz.de/10005406312
The analysis of economic loss attributed to the shadow economy has attracted much attention in recent years by both academics and policy makers. Often, multiple indicators multiple causes (MIMIC) models are applied to time series data estimating the size and development of the shadow economy for...
Persistent link: https://www.econbiz.de/10005406427
In this paper we explore the relationship between an equitable distribution of the cost shares in public-good provision … distribution of cost shares that motivates some coalition of agents to separate and to block an initially given Pareto optimal …. Distributional equity of the individual burdens of public-good contribution is assessed by a specific sacrifice measure (the “Moulin …
Persistent link: https://www.econbiz.de/10008596567
In this paper we examine the degree to which Michigan’s property value assessment growth cap has eroded the tax base and created substantial differences in effective tax rates among residential properties within the City of Detroit. While the analysis focuses on a specific city with...
Persistent link: https://www.econbiz.de/10010607837
We develop a theoretical framework for equity in council voting games (CVGs). In a CVG, a fully representative voting …). Three equity concepts are proposed: ex-ante (procedural) equity, ex-post (outcome) equity and regional equity. The last two …
Persistent link: https://www.econbiz.de/10010723541