A large number of empirical studies pointed to the ongoing expansion of the shadow economy in many countries around the … of the shadow economy, using advanced dynamic panel techniques. Based on insights from a simple job search model of … long-run equilibrium relationship between unemployment and the size of the shadow economy. Our empirical model lends strong …

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 … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We …

Using the MIMIC method, this paper is a first attempt to estimate the size of the shadow economy of 158 countries over … proxy for the size of the economy. Results suggest that the average size of the shadow economy of these 158 countries over …

This paper is a first attempt to estimate the size and development of the shadow economy of 158 countries over the … size of the shadow economy of these 158 countries over 1991-2015 is 32.5% of official GDP, which was 34.82% in 1991 and … decreased to 30.66% in 2015. The lowest size of the shadow economy East Asian countries with 16.77% averaged over the period …

A large number of empirical studies pointed to the ongoing expansion of the shadow economy in many countries around the … of the shadow economy, using advanced dynamic panel techniques. Based on insights from a simple job search model of … long-run equilibrium relationship between unemployment and the size of the shadow economy. Our empirical model lends strong …

with a labor market regulation are the driving forces of the shadow economy. Finally, the various estimation methods are …Estimations of the size and development of the shadow economy for 145 countries, including developing, transition and … highly developed OECD economies over the period 1999 to 2003 are presented. The average size of the shadow economy (as a …