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This article aims to estimate the size of the US shadow economy (SE) using a structural equation approach and to evaluate if a structural relationship exists between the SE and the unemployment rate (UR) in the United States. The size of the SE is estimated to be decreasing over the last two...
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This paper presents an empirical analysis of the relationship between fiscal illusion and the shadow economy for 104 countries over the period 1989–2009. We argue that both unobservable phenomena are closely linked to each other, as the creation of a fiscal illusion may be helpful if...
Persistent link: https://www.econbiz.de/10011259310
This paper provides an empirical analysis of fiscal illusion by estimating an index of fiscal illusion for 28 European countries over the period 1995–2008 employing a structural equation approach. Using MIMIC models, the paper investigates the main indicators of fiscal illusion and develops an...
Persistent link: https://www.econbiz.de/10011260763
This paper deals with the empirical research of cost efficiency and technological characteristics of the Health Service in Puglia over the period from 2004 to 2007. A review on the stochastic frontier model and the most recent analyses of the efficiency in the Italian regional health services is...
Persistent link: https://www.econbiz.de/10008870993
Inequality is a multidimensional phenomenon. The studies of inequality tend to concentrate on the analysis of income inequality but inequalities arise due to other economic, social and political factors. The objective of this paper is to evaluate the role of social inequality in Latin American...
Persistent link: https://www.econbiz.de/10008629905
Purpose – The goal of this paper is twofold: to estimate the unrecorded economy (UE) of Turkey over the period 1987-2007 using a revised version of the currency demand approach, and to analyze the relationship between the UE and recorded GDP. Design/methodology/approach – The paper proposes...
Persistent link: https://www.econbiz.de/10009143640