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Persistent link: https://www.econbiz.de/10011434917
This paper is the first attempt to directly explore the long-run nonlinear relationship between the shadow economy and level of development. Using a dataset of 158 countries over the period from 1996 to 2015, our results reveal a robust U-shaped relationship between the shadow economy size and...
Persistent link: https://www.econbiz.de/10012009455
This paper is the first attempt to directly explore the long-run nonlinearity of the shadow economy. Using a dataset of …
Persistent link: https://www.econbiz.de/10012022432