CHIARINI, BRUNO; DOMIZIO, MARCO DI; MARZANO, ELISABETTA - In: Economics and Politics 21 (2009) 2, pp. 308-318
Several European countries, facing a sizeable underground economy, often adopt underground reducing policies mainly based on incentives in the tax-benefit system. Since empirical evidence manifests a substantial failure of such policies, we construct a simple model to indicate the crucial...