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The underground economy crucially affects growth and unemployment in both developed and developing countries. Nevertheless, this widespread phenomenon does not appear in the basic model for macroeconomic analysis, namely the Aggregate Demand-Aggregate Supply (or simply AD-AS) model. Therefore,...
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Self-reported life satisfaction (SRS) in Italy has started to decline well before the current crisis. This paper explores the relationship between SRS and quality of life in Italy, using the ISAE data-base on households. SRS was surveyed on 2000 individuals in May 2008, November 2008 and April...
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