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estimation methods are discussed and critically evaluated. …
Persistent link: https://www.econbiz.de/10003387578
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption and shadow economy are substitutes in high income countries while they are complements in low income countries. The hypotheses are tested for a cross-section of 120 countries and...
Persistent link: https://www.econbiz.de/10003332206
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The relationship between corruption and the shadow economy is not clear. Theoretically, they either substitute or complement each other -exhibiting either a negative or positive relationship. This paper -using a structural equation model with two latent variables - extracts information on...
Persistent link: https://www.econbiz.de/10003847100
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are derived by combining figures from different estimation methods. We describe and discuss the strengths and weaknesses … of the different estimation methods. We find that the growth of the shadow economy—which is now remarkably large in the …
Persistent link: https://www.econbiz.de/10014399609
In this paper, first, six micro (4) and macro (2) estimation approaches are briefly described; they are the National …. Second, a detailed comparison of the results of four micro estimation methods with the macro MIMIC method are presented. One … about the reasons that individuals work in the shadow economy, and which estimation methods are best suited to apply this …
Persistent link: https://www.econbiz.de/10012692218
The recent increase in the minimum wage in Romania in early May 2016 represented a popular topic at the national level, which indicated that aggressive increases in the minimum wage could create a competitiveness problem in the context of a relatively high level of informal economic activities....
Persistent link: https://www.econbiz.de/10012930951