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sector, the authors evaluate its size and key determinants across the world. Williams and Schneider clearly establish the …
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This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...
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of informality of 157 countries around the world, including developing, eastern European, central Asian and high income …
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