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Shadow economies around the world : new results for 158 countries over 1991-2015
Medina, Leandro; Schneider, Friedrich - 2017 - Revised version
Using the MIMIC method, this paper is a first attempt to estimate the size of the shadow economy of 158 countries over the period 1991 up to 2015. In addition to performing a variety of robustness tests, this paper explicitly addresses endogeneity concerns to the use of GDP as cause and...
Persistent link: https://www.econbiz.de/10011646238
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Shadow economies around the world : new results for 158 countries over 1991-2015
Schneider, Friedrich; Medina, Leandro - 2017 - Revised version
This paper is a first attempt to estimate the size and development of the shadow economy of 158 countries over the period 1991 up to 2015. Using the Multiple Indicators, Multiple Causes (MIMIC) method we apply for the first time (i) the light intensity approach instead of GDP avoiding the...
Persistent link: https://www.econbiz.de/10011697985
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Shadow Economies around the World: New Results for 158 Countries over 1991-2015
Medina, Leandro; Schneider, Friedrich - 2017
Using the MIMIC method, this paper is a first attempt to estimate the size of the shadow economy of 158 countries over the period 1991 up to 2015. In addition to performing a variety of robustness tests, this paper explicitly addresses endogeneity concerns to the use of GDP as cause and...
Persistent link: https://www.econbiz.de/10011657151
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Corruption and the Shadow Economy: An Empirical Analysis
Dreher, Axel; Schneider, Friedrich - Institute for the Study of Labor (IZA) - 2006
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We … also find that stricter regulations increase both corruption and the shadow economy. …
Persistent link: https://www.econbiz.de/10005761625
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Corruption and the Shadow Economy: An Empirical Analysis
Dreher, Axel; Schneider, Friedrich - CESifo - 2006
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We … also find that stricter regulations increase both corruption and the shadow economy. …
Persistent link: https://www.econbiz.de/10005406312
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Shadow economies around the world: New results for 158 countries over 1991-2015
Schneider, Friedrich; Medina, Leandro - 2017
This paper is a first attempt to estimate the size and development of the shadow economy of 158 countries over the period 1991 up to 2015. Using the Multiple Indicators, Multiple Causes (MIMIC) method we apply for the first time (i) the light intensity approach instead of GDP avoiding the...
Persistent link: https://www.econbiz.de/10011916755