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We estimate the size and trend of the Egyptian shadow economy using two of the most common methods: the currency demand approach and the structural equation MIMIC model. To the best of our knowledge, this is the first comprehensive study to estimate the size of the shadow economy in Egypt during...
Persistent link: https://www.econbiz.de/10011418009
We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and opportunity costs, we concentrate on cashless payments media...
Persistent link: https://www.econbiz.de/10012291866
We analyze the net issues of the national euro area central banks in relation to the dynamics of the shadow economy within a panel cointegration framework. Besides the total net issues, we distinguish between large, medium and small euro banknotes and take due account of other determinants of...
Persistent link: https://www.econbiz.de/10011872942
Using Swiss data from 1983 to 2008, this paper investigates whether growth rates of the different measures of the quantity of money and or excess money can be used to forecast inflation. After a preliminary data analysis, money demand relations are specified, estimated and tested. Then,...
Persistent link: https://www.econbiz.de/10003936693
A small macroeconomic model is constructed to study the transmission of the monetary policy conducted by the Deutsche Bundesbank (DBB) since the middle of the 1970s. For this purpose quarterly, seasonally unadjusted data for the period from 1975 to 1998 are used, that is, the period until the...
Persistent link: https://www.econbiz.de/10011400913
After the collapse of the Soviet Union, more than 3 million people with German ancestors immigrated to Germany under a … authorities across regions upon arrival, we find that immigration significantly increases crime. The crime impact of immigration … substantially stronger effects in regions with high preexisting crime levels or large shares of foreigners. …
Persistent link: https://www.econbiz.de/10010509654
Following the collapse of the Berlin Wall, the birth rate halved in East Germany. Despite their small sizes, the … cohorts conceived during this period of socio-economic turmoil were, as they grew up in reunified Germany, markedly more …
Persistent link: https://www.econbiz.de/10013174486
The paper analyses the empirical relationship between immigrants and crime using panel data for 391 German … positive association between the immigrant rate and the crime rate. We assess the robustness of this result by considering the … interpretation of the estimates. There is no evidence that immigrants increase crime. …
Persistent link: https://www.econbiz.de/10012029079
Persistent link: https://www.econbiz.de/10003498737
Turkish individuals and in other crimes targeting Islamic immigrants in Germany. Using German Socioeconomic Panel (SOEP) data …
Persistent link: https://www.econbiz.de/10011901768