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Settore sommerso e politiche di emersione: un approccio stocastico

Scarlato, Margherita; Cenci, Marisa - EconWPA - 2004

The aim of this paper is to analyse the role of uncertainty in shaping the decisions of firms in the underground economy. Following the option value approach, we present a dynamic model which captures (i) the irreversibility of riallocation decisions from the underground sector to the legal...

Persistent link: https://www.econbiz.de/10005408273

A New Look at the Laffer Curve and the Displacement Loss from Tax Evasion

Palda, Filip - EconWPA - 2001

The two most prominent deadweight losses in public finance are the triangle loss from taxation and the rectangle loss from rent-seeking. This paper suggests that a third type of deadweight loss can rival these two in size and deserves detailed exploration. In the presence of the underground...

Persistent link: https://www.econbiz.de/10005412474

OVERSEAS HOLDINGS OF U.S.CURRENCY AND THE UNDERGROUND ECONOMY

Feige, Edgar L. - EconWPA - 2005

Many public policy decisions require analytical and empirical knowledge concerning the size, growth, causes and consequences of the ‘underground economy”. This paper seeks to clarify the meaning of underground activity, updates various discrepancy and fiscal estimates of its size and growth,...

Persistent link: https://www.econbiz.de/10005561083

SWEDEN'S LAFFER CURVE: TAXATION AND THE UNOBSERVED ECONOMY

Feige, Edgar L.; McGee, Robert T. - EconWPA - 2005

Recent research on the unobserved economy suggests that the phenomenon has important implications for both macroeconomic policy and public finance. Attention is focused on the public finance implications by developing a simple macro model from which it is possible to derive a Laffer curve. The...

Persistent link: https://www.econbiz.de/10005561123

International benchmarking of container stevedoring

Commission, Productivity - EconWPA - 2003

Productivity at Australian container terminals has improved significantly in absolute terms since 1997 according to … this international benchmarking study. For the sample of ship calls and terminals studied, productivity improved also in … relative terms. The productivity improvement at Australian terminals was generally greater than at overseas terminals between …

Persistent link: https://www.econbiz.de/10005556535