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surpasses a given threshold or at least does not disappear with economic growth. Our findings suggest that special attention …
Persistent link: https://www.econbiz.de/10012022432
This paper is the first attempt to directly explore the long-run nonlinear relationship between the shadow economy and level of development. Using a dataset of 158 countries over the period from 1996 to 2015, our results reveal a robust U-shaped relationship between the shadow economy size and...
Persistent link: https://www.econbiz.de/10012009455
Persistent link: https://www.econbiz.de/10001353362
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/10011785659
official GDP growth are the driving forces of the shadow economy. …
Persistent link: https://www.econbiz.de/10002529379
Persistent link: https://www.econbiz.de/10003068018
official GDP growth are the driving forces of the shadow economy …
Persistent link: https://www.econbiz.de/10013318838
within a panel cointegration framework. Besides the total net issues, we distinguish between large, medium and small euro …
Persistent link: https://www.econbiz.de/10011872942
differences. Arguably, this shortcoming is rooted in the lack of an appropriate MIMIC model which considers cointegration among … variables. This paper develops a MIMIC model which estimates the cointegration equilibrium relationship and the error correction … economy ; tax burden ; regulation ; unemployment ; cointegration ; error correction models ; MIMIC models …
Persistent link: https://www.econbiz.de/10003652676
Persistent link: https://www.econbiz.de/10003630769