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A Matching Model of Endogenous Growth and Underground Firms

Lisi, Gaetano; Pugno, Maurizio - Volkswirtschaftliche Fakultät, … - 2015

Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...

Persistent link: https://www.econbiz.de/10011212957

The Underground Economy in a Matching Model of Endogenous Growth

Lisi, Gaetano; Pugno, Maurizio - Volkswirtschaftliche Fakultät, … - 2011

A matching model will explain both unemployment and economic growth by considering the underground sector. Three problems can thus be simultaneously accounted for: (i) the persistence of underground economy, (ii) the ambiguous relationships between underground employment and unemployment, and...

Persistent link: https://www.econbiz.de/10009132744

Entrepreneurship and the Hidden Economy: An Extended Matching Model

Pugno, Maurizio; Lisi, Gaetano - Volkswirtschaftliche Fakultät, … - 2010

This paper develops a labour market matching model in order to address the problem of the persistence of the hidden sector and of its regional concentration, as in Italy and in the enlarged Europe. The main novel features of the model are that entrepreneurial ability affects job productivity,...

Persistent link: https://www.econbiz.de/10008646819

Entrepreneurship and the Hidden Economy: an Extended Matching Model

Lisi, Gaetano; Pugno, Maurizio - Dipartimento di Economia e Giurisprudenzia, Facoltà di … - 2009

This paper develops a standard matching model to address the problem of the hidden sector (including non-registered firms but producing for legal markets), as it is characterised in Italy, i.e. framed in a rather advanced economic and institutional setting, but also linked to the socio-economic...

Persistent link: https://www.econbiz.de/10008690458

The Underground Economy in a Matching Model of Endogenous Growth

Lisi, Gaetano; Pugno, Maurizio - Dipartimento di Economia e Giurisprudenzia, Facoltà di … - 2010

if the monitoring rate is sufficiently low. Policies for entrepreneurship and monitoring would help both economic growth …

Persistent link: https://www.econbiz.de/10008763164

Entrepreneurship and its Link to Corruption: Assessment with the Most Recent World and Country-Group Data

Driouchi, Ahmed; Gamar, Alae - Volkswirtschaftliche Fakultät, … - 2015

Entrepreneurship is an important intangible asset of nations. The relatively recent progress in its measurement, mainly … with the Global Entrepreneurship Development Index (GEDI), suggests that previous questions related to its determinants and … effect of corruption reduction on GEDI and thus the positive relationship between an intangible good that is entrepreneurship …

Persistent link: https://www.econbiz.de/10011183135

A Matching Model of Endogenous Growth and Underground Firms

Lisi, Gaetano; Pugno, Maurizio - Economics and Econometrics Research Institute (EERI) - 2012

A matching model will explain both unemployment and economic growth by considering the underground sector and human capital. Three problems can thus be simultaneously accounted for: (i) the persistence of the underground sector, (ii) the ambiguous relationships between underground employment and...

Persistent link: https://www.econbiz.de/10009492745

Entrepreneurship and the Hidden Economy: An Extended Matching Model

Lisi, Gaetano; Pugno, Maurizio - In: International Economic Journal 24 (2010) 4, pp. 587-605

Persistent link: https://www.econbiz.de/10008800670

A Matching Model of Endogenous Growth and Underground Firms

Lisi, Gaetano; Pugno, Maurizio - 2012

Persistent link: https://www.econbiz.de/10011496173

A matching model of endogenous growth and underground firms

Lisi, Gaetano; Pugno, Maurizio - In: International journal of economic theory 11 (2015) 4, pp. 347-369

Persistent link: https://www.econbiz.de/10011415569