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It is well known that the size of the informal (black or grey) economy causes serious fiscal problems for Hungary. This study makes an attempt to quantify the budgetary and macroeconomic effects of different ways of widening the formal sector (whitening”) with the help of a model. It turns out...
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. -- informal economy ; tax incentives ; quantitative macroeconomic modelling …
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been temporarily employed for some time using a temporary work booklet (ensuring favorable tax treatment for casual workers … authors try to explore the contradictory impacts of this special tax treatment of temporary employment. After explaining the … convert normal employment status into temporary employment thus taking advantage of the booklet in order to reduce their tax …
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