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Persistent link: https://www.econbiz.de/10003498737
In this paper the main focus lies on the shadow economy and on work in the shadow. The most influential factors on the shadow economy are tax policies and state regulation. The size of the shadow economy was decreasing over 1999 to 2007 from 34.0% to 31.2% for 161 countries (unweighted average)....
Persistent link: https://www.econbiz.de/10010361448
Little is known about the size and determinants of undeclared work. While approaches to measure the shadow economy have been extensively discussed, conventional surveys dominate research on undeclared work. We review and extend this literature by first referring to the most recent survey data on...
Persistent link: https://www.econbiz.de/10013262814
It is estimated that only 5% of musicians in Italy are regularly employed. In an attempt at understanding such a … musicians and discourages talented agents from becoming full-time musicians in all second-best economies. In Italy both …-best economy, is instead viable under certain circumstances. -- musician ; labour market ; moonlighting ; unemployment benefit …
Persistent link: https://www.econbiz.de/10003883019
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
and legalization. While introducing a legal market reduces the profits of illegal providers, it increases cannabis … consumption. We show that this trade-off can be overcome by combining legalization with sanctions against users and suppliers of … proposed policy mix can control the increase in cannabis consumption post-legalization and throttle the illegal market. The …
Persistent link: https://www.econbiz.de/10012304299
Persistent link: https://www.econbiz.de/10003496489
Third-party reporting and employers' tax withholding are powerful compliance mechanisms, as long as the employer and employee do not collude to evade. Using data from randomly assigned on-site audits among 2,462 Norwegian firms, we provide evidence of collusive tax evasion. We find that firms...
Persistent link: https://www.econbiz.de/10011936347
While examining the macroeconomic effects of increased government control of the informal sector, this paper develops a two-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Workers search for jobs in both the formal and the informal sector. We...
Persistent link: https://www.econbiz.de/10011404626
Fiscal consolidation literature often neglects that there are economies with a sizable underground sector and that most of time it is accounted in GDP statistics. This produces non negligible effects on fiscal multipliers. This paper explores a fiscal consolidation plan calling for a downsizing...
Persistent link: https://www.econbiz.de/10013041319