Examines the role of the shadow, or underground, economy. Looks at ways of measuring it, the relationship between the shadow economy and the main stream economy, why it has been growing in size, and its effects on overall economic growth. How can states limit the size of the shadow economy, and...

Donald Trump is now the 45th president of the USA. Behavioral economics can explain why he was successful even though his positions are somewhat controversial. Furthermore, his success raises critical implications for Europe’s next elections. Some of the main reasons for the success of...

The shadow (underground) economy plays a major role in many countries. People evade taxes and regulations by working in the shadow economy or by employing people illegally. On the one hand, this unregulated economic activity can result in reduced tax revenue and public goods and services, lower...

Corruption is a main threat in many countries around the world. Therefore, the causes and consequences of corruption are analyzed in various empirical studies. Since the results are quite mixed, we have summarized the findings of the central empirical literature from the last two decades for a...

Donald Trump is now the 45th president of the USA. Behavioral economics can explain why he was successful even though his positions are somewhat controversial. Furthermore, his success raises critical implications for Europe's next elections. Some of the main reasons for the success of populist...

The shadow (underground) economy plays a major role in many countries. People evade taxes and regulations by working in the shadow economy or by employing people illegally. On the one hand, this unregulated economic activity can result in reduced tax revenue and public goods and services, lower...

Even though people regularly express concern about sharing personal information online and fear a loss of privacy, their behavior seldom matches their opinions - A phenomenon called Privacy Paradox and researched for over 20 years. Several influencing factors have been identified. A central one...

It has been recognized that the support for democracy seems to be increasing with the time spent in a democratic system. An individual's life experience living under democratic rule positively affects the support for democracy as a political system. Therefore it seemed inevitable that the newly...