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for the poor and than compared with average wages in the formal sector and the subsistence minimum (official poverty line …, however, cannot alleviate poverty …
Persistent link: https://www.econbiz.de/10014169466
In the present paper an empirical analysis will point out that shadow economy tends to push up house prices, distorting real estate market. The sample covers EU, Japan and The United States. Data are taken from OECD and (Schneider et al., 2010); (Schneider, 2013). The elaboration of these panel...
Persistent link: https://www.econbiz.de/10013071478
It seems to be a trade-off between shadow economy restriction and macroeconomic repercussions. This view is expressed by (Era Dabla-Norris and Andrew Feltenstein, 2003) and is in agreement with the author of the present paper although approached in a different way. Author believes that present...
Persistent link: https://www.econbiz.de/10013071570
It is well known that shadow economy has many impacts on the economy and distorts competition. It is also known that shadow economy is hard to restrict without some repercussions regarding unemployment creation, investment distortions, economic growth, income distribution worsening, stock prices...
Persistent link: https://www.econbiz.de/10012928846
Shadow economy is harmful to the economy for various reasons. On the other hand shadow economy restriction has some repercussions. In other words, there is perhaps a sort of trade-off between the restriction of shadow economy and the resulting macroeconomic repercussions. Hence, in the present...
Persistent link: https://www.econbiz.de/10012931119
; formality ; poverty ; economic growth …
Persistent link: https://www.econbiz.de/10008905233
The informal sector (IS) plays a significant role in developing countries viz. the provision of employment, income and supplying ignored markets. However, working and employment conditions within the sector are still poor. Its expansion and changing structures have thus drawn the attention of...
Persistent link: https://www.econbiz.de/10014057528
The study investigates the impact of human capital development on poverty in Central and Eastern European Countries … explored the influence of the complementarity between human capital development and personal remittances on poverty in CEECs …, and very much conflicting. The lag of poverty, remittances, the interaction between human capital development and …
Persistent link: https://www.econbiz.de/10013334931
The study investigates the impact of human capital development on poverty in Central and Eastern European Countries … explored the influence of the complementarity between human capital development and personal remittances on poverty in CEECs …, and very much conflicting. The lag of poverty, remittances, the interaction between human capital development and …
Persistent link: https://www.econbiz.de/10014516414
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/10012843499