Evaluation studies focus exclusively on the impact of Active Labor Market Policies (ALMP) on the functioning of the labor market. In particular, they measure the impact of specific programs on the income and future of target groups. Studies that aim to assess the impact of ALMPs as a whole on...

This paper studies the effects and causal links between the shadow economy and the unemployment rate using a dynamic simultaneous-equation panel data model for 38 developing and 40 developed countries over the 2000−2015 period. The analysis suggests that there is a unidirectional and negative...