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causal factors of the shadow economy as well as on a comparison of the size of the shadow economy using different estimation …This survey presents the various methods to estimate the size of the shadow economy, their strengths and weaknesses and … the estimation results. The purpose of the survey is threefold. Firstly, it demonstrates that no ideal method to estimate …
Persistent link: https://www.econbiz.de/10010379298
economy and provides a comparison of the size of the shadow economy using different estimation methods. …This paper presents various methods for estimating the size of the shadow economy and analyzes their strengths and … weaknesses. The purpose of the paper is twofold. Firstly, it demonstrates that no ideal method exists to estimate the size and …
Persistent link: https://www.econbiz.de/10011455521
This paper provides a long term analysis of the determinants of the shadow economy. Using data for the United States over the years 1870–2014 we examine economic and political factors driving the underground sector. Results show that among the economic factors, greater economic prosperity...
Persistent link: https://www.econbiz.de/10011694815
globe. A robust finding in these studies is the positive association between unemployment rates and the size of the … unofficial sector. However, with consistent estimates of the size of the unofficial sector only available from the late 1980s, a … long-run equilibrium relationship between unemployment and the size of the shadow economy. Our empirical model lends strong …
Persistent link: https://www.econbiz.de/10011517459
We build a general equilibrium model in which both illegal immigration and the size of the informal sector are …
Persistent link: https://www.econbiz.de/10011407708
Using the currency demand and DYMIMIC approaches estimates are presented about the size of the shadow economy in 22 … Transition and 21 OECD countries. Over 2001/2002 in 21 OECD countries is the average size of the shadow economy (in percent of … official GDP) 16.7% of "official" GDP and of 22 Transition countries 38.0%. The average size of the shadow economy labor force …
Persistent link: https://www.econbiz.de/10011411840
economy size and GDP per capita. Our results imply that the shadow economy tends to increase when economic development …
Persistent link: https://www.econbiz.de/10012022432
This paper provides a long-term view by studying the effect of the underground or shadow economy on economic growth in the Unites States over the period 1870 to 2014. Shadow activities might spur or retard economic growth depending on their interactions with the formal sector and impacts on the...
Persistent link: https://www.econbiz.de/10011641560
between the minimum wage and the size of the Romanian shadow economy using quarterly data for the period 2000-2015. The MIMIC …, a slow decrease was observed. The potential effect of an increase in the minimum wage on the size of the shadow economy …
Persistent link: https://www.econbiz.de/10011785659
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/10003332206