Berger, Wolfram; Pickhardt, Michael; Pitsoulis, Athanassios - In: Applied Economics 46 (2014) 18, pp. 2190-2204
This article presents new estimates of the Greek underground economy and explores the link between the underground economy and aggregate debt. We show that the Greek underground economy has been underestimated heavily and has been on a rising trend again since Greece adopted the Euro. We also...
