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 …

estimating the size of the shadow economy for 157 countries over 1991 to 2017. The results suggest that the OECD countries are by … far the lowest with values below 20% of off official GDP and the shadow economy is larger in Latin America and Sub ….9%. What is really remarkable, that the average decline of the shadow economy from 1991 to 2017 is 6.8 percentage points. The …

estimating the size of the shadow economy for 157 countries over 1991 to 2017. The results suggest that the OECD countries are by … far the lowest with values below 20% of off official GDP and the shadow economy is larger in Latin America and Sub ….9 %. What is really remarkable, that the average decline of the shadow economy from 1991 to 2017 is 6.8 percentage points. The …

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 …

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 …

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 …