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globe. A robust finding in these studies is the positive association between unemployment rates and the size of the … unemployment that features decreasing returns to unofficial activities and congestion effects in job searching, we conjecture a … long-run equilibrium relationship between unemployment and the size of the shadow economy. Our empirical model lends strong …
Persistent link: https://www.econbiz.de/10011517459
Pacific islands 33.4% and 4 remaining Communist countries 21.8%. An increasing burden of taxation, high unemployment and low …
Persistent link: https://www.econbiz.de/10002529379
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This paper provides a long term analysis of the determinants of the shadow economy. Using data for the United States over the years 1870–2014 we examine economic and political factors driving the underground sector. Results show that among the economic factors, greater economic prosperity...
Persistent link: https://www.econbiz.de/10011694815
There are considerable studies regarding the contribution of international migrants' remittances to economic growth while there is a lack of studies which investigate the effect of remittances on shadow economy. The authors explore empirically the effect of remittances and its interaction effect...
Persistent link: https://www.econbiz.de/10012132694
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The paper aims at comparing the formal and informal labour markets in the Central and Eastern European new EU Member States and candidate countries of the European Union. First, the current situation of the labour market is described, focusing on the recent developments since the breaking up of...
Persistent link: https://www.econbiz.de/10009748285
. The most important factors driving the shadow economy are indirect taxation and unemployment. Analyzing the interaction …
Persistent link: https://www.econbiz.de/10010194836
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