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Does corruption throw sand into or grease the wheels of financial sector development?
Cooray, Arusha; Schneider, Friedrich - In: Public choice 177 (2018) 1/2, pp. 111-133
Persistent link: https://www.econbiz.de/10012002932
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Sustainability of public debt and budget deficit : panel cointegration analysis for the European Union Member countries
Prohl, Silika; Schneider, Friedrich - 2006 - Revised Version, June 2006
In this study, we analyse the sustainability of fiscal policy of EU member countries within the panel cointegration and … error-correction frameworks. Unlike the previous empirical papers in this area, we apply the test for panel cointegration … conclude that the fiscal policy is consistent with the intertemporal budget constraint, i.e., it is sustainable in the panel of …
Persistent link: https://www.econbiz.de/10009746201
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Characteristics of the household sector of the hidden economy in an emerging economy
Sookram, Sandra; Schneider, Friedrich; Watson, Patrick K. - 2006
Using the case study of Trinidad and Tobago we investigate for an emerging economy the socioeconomic, demographic, and attitudinal characteristics that influence the propensity of individuals in the household sector to participate in the hidden economy and their perception of the risk of...
Persistent link: https://www.econbiz.de/10009747663
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Shadow Economies Around the World : New Results for 158 Countries Over 1991-2015
Medina, Leandro - 2017
Using the MIMIC method, this paper is a first attempt to estimate the size of the shadow economy of 158 countries over the period 1991 up to 2015. In addition to performing a variety of robustness tests, this paper explicitly addresses endogeneity concerns to the use of GDP as cause and...
Persistent link: https://www.econbiz.de/10012956708
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Size and development of the shadow economies of 157 countries worldwide : updated and new measures from 1999 to 2013
Hassan, Mai; Schneider, Friedrich - 2016
This paper is a first attempt to study the size and development of the shadow economies of 157 countries over 1999 to 2013. Using a MIMIC model, we find that higher tax and regulatory burden, unemployment and self-employment rates are drivers of the shadow economy, meaning that an increase of...
Persistent link: https://www.econbiz.de/10011571848
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Shadow economies around the world : new results for 158 countries over 1991-2015
Schneider, Friedrich; Medina, Leandro - 2017 - Revised version
This paper is a first attempt to estimate the size and development of the shadow economy of 158 countries over the period 1991 up to 2015. Using the Multiple Indicators, Multiple Causes (MIMIC) method we apply for the first time (i) the light intensity approach instead of GDP avoiding the...
Persistent link: https://www.econbiz.de/10011697985
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Shadow economies around the world : new results for 158 countries over 1991-2015
Medina, Leandro; Schneider, Friedrich - 2017 - Revised version
Using the MIMIC method, this paper is a first attempt to estimate the size of the shadow economy of 158 countries over the period 1991 up to 2015. In addition to performing a variety of robustness tests, this paper explicitly addresses endogeneity concerns to the use of GDP as cause and...
Persistent link: https://www.econbiz.de/10011646238
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Size and Development of the Shadow Economies of 157 Countries Worldwide : Updated and New Measures from 1999 to 2013
Hassan, Mai - 2016
This paper is a first attempt to study the size and development of the shadow economies of 157 countries over 1999 to 2013. Using a MIMIC model, we find that higher tax and regulatory burden, unemployment and self-employment rates are drivers of the shadow economy, meaning that an increase of...
Persistent link: https://www.econbiz.de/10012980344
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Modelling the Egyptian shadow economy : a currency demand and a MIMIC model approach
Hassan, Mai; Schneider, Friedrich - 2016 - January, 20th 2016, Preliminary draft
We estimate the size and trend of the Egyptian shadow economy using two of the most common methods: the currency demand approach and the structural equation MIMIC model. To the best of our knowledge, this is the first comprehensive study to estimate the size of the shadow economy in Egypt during...
Persistent link: https://www.econbiz.de/10011418009
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On the boundaries of the shadow economy : an empirical investigation
Manes, Eran; Schneider, Friedrich; Tchetchik, Anat - 2016
of the shadow economy, using advanced dynamic panel techniques. Based on insights from a simple job search model of …
Persistent link: https://www.econbiz.de/10011517459