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Too Much of a Good Thing? Credit Booms in Transition Economies : The Cases of Bulgaria, Romania, and Ukraine
Duenwald, Christoph - 2005
Rapid credit growth in Bulgaria, Romania, and Ukraine has been driven by successful macroeconomic stabilization, robust … Ukraine. Policy responses have included attempts to both moderate credit growth and offset its impact on domestic demand, with …
Persistent link: https://www.econbiz.de/10014400734
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Ukraine : The Cost of Weak Institutions
Tiffin, Andrew - 2006
Ukraine has the potential to be a very wealthy country. It has a well-educated workforce, some of the best agricultural … these advantages, however, Ukraine''s per capita income remains low. Using a cross-country stochastic-frontier framework …, this paper argues that Ukraine''s failure to tap its full potential is mainly a result of its market …
Persistent link: https://www.econbiz.de/10014402284
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Determinants of Inflation in a Transition Economy : The Case of Ukraine
Lissovolik, Bogdan - 2003
This paper examines determinants of inflation in Ukraine during 1993-2002 in a cointegrating framework. Two basic …
Persistent link: https://www.econbiz.de/10014403845
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Inclusive growth, institutions, and the underground economy
Singh, Anoop; Jain Chandra, Sonali; Mohommad, Adil - 2012
Persistent link: https://www.econbiz.de/10009572533
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The nonbank-bank nexus and the shadow banking system
Pozsar, Zoltan; Kumar, Manmohan S. - 2011
Persistent link: https://www.econbiz.de/10009419776
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Measuring the informal economy in the Caucasus and Central Asia
Abdih, Yasser; Medina, Leandro - 2013
Persistent link: https://www.econbiz.de/10009757318
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Nonlinearity between the shadow economy and level of development
Wu, Dong; Schneider, Friedrich - 2019
This paper is the first attempt to directly explore the long-run nonlinear relationship between the shadow economy and level of development. Using a dataset of 158 countries over the period from 1996 to 2015, our results reveal a robust U-shaped relationship between the shadow economy size and...
Persistent link: https://www.econbiz.de/10012009455
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Productivity and tax evasion
Dabla-Norris, Era; Grâdšṭayn, Marq; Miryugin, Fedor; … - 2019
The extent of tax compliance has important implications for revenue yield, efficiency and the fairness of any tax system. Tax evasion undermines revenue collection, distorts competition, and undermines a country's development prospects. In this paper, we investigate whether higher productivity...
Persistent link: https://www.econbiz.de/10012154898
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Explaining the shadow economy in Europe : size, causes and policy options
Kelmanson, Ben; Kirabaeva, Koralai; Medina, Leandro; … - 2019
This paper examines the drivers, and reestimates the size of shadow economies in Europe, with a focus on the emerging economies, and recommends policies to increase formality. The size of shadow economies declined across Europe in recent years but remains significant, especially in Eastern...
Persistent link: https://www.econbiz.de/10012155041
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Shadow economies around the World : what did we learn over the last 20 years?
Medina, Leandro; Schneider, Friedrich - 2018
We undertake an extended discussion of the latest developments about the existing and new estimation methods of the shadow economy. New results on the shadow economy for 158 countries all over the world are presented over 1991 to 2015. Strengths and weaknesses of these methods are assessed and a...
Persistent link: https://www.econbiz.de/10011799256