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Long-run links among money, prices, and output : world-wide evidence

Herwartz, Helmut; Reimers, Hans-Eggert - 2001

analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a …. Moreover, parameter restrictions for the long-run relationships implied by the monetary theory are tested. Country specific P … Preisniveau und dem realen Output testet. Weiterhin werden die Parameterrestriktionen, die sich durch die monet¨are Theorie …

Persistent link: https://www.econbiz.de/10011419407

Corruption and the shadow economy : an empirical analysis

Dreher, Axel; Schneider, Friedrich - 2006 - This version: 05 January 2006

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 crosssection of 120 countries and a...

Persistent link: https://www.econbiz.de/10009747661

Shadow economy, tax morale, governance and institutional quality : a panel analysis

Torgler, Benno; Schneider, Friedrich - 2007

This paper analyses how governance or institutional quality and tax morale affect the shadow economy, using an international country panel and also within country data. The literature strongly emphasizes the quantitative importance of these factors to understand the level and changes of shadow...

Persistent link: https://www.econbiz.de/10009742149

The impact of tax morale and institutional quality on the shadow economy

Torgler, Benno; Schneider, Friedrich - 2007

This paper analyses how tax morale and countries’ institutional quality affect the shadow economy, controlling in a multivariate analysis for a variety of potential factors. The literature strongly emphasizes the quantitative importance of these factors to understand the level and changes of...

Persistent link: https://www.econbiz.de/10009742150

Shadow economies and corruption all over the world : what do we really know?

Schneider, Friedrich - 2006

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 developing...

Persistent link: https://www.econbiz.de/10009746208

How does corruption affect public debt? : an empirical analysis

Cooray, Arusha; Schneider, Friedrich - 2013 - Revised version

This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that corruption leads to an increase in public debt. We also investigate if the effect of corruption on pblic debt is increased by government expenditure, the shadow economy and military...

Persistent link: https://www.econbiz.de/10010208991

Shadow economies around the world : new results for 158 countries over 1991-2015

Schneider, Friedrich; Medina, Leandro - 2017 - Revised version

This paper is a first attempt to estimate the size and development of the shadow economy of 158 countries over the period 1991 up to 2015. Using the Multiple Indicators, Multiple Causes (MIMIC) method we apply for the first time (i) the light intensity approach instead of GDP avoiding the...

Persistent link: https://www.econbiz.de/10011697985