generally unknown. We provide a window into this underground world of cash transactions with the first systematic evidence on …, recent macroeconomic performance, and transaction costs. The highest inflation rate recorded over the previous thirty years …

and floating exchange rate regimes. A three-region model, the Centre, the Periphery and the Rest-of-the-World, is …

(particularly American) multinationals in Britain from the end of the Second World War to the late 1950s, together with the ways in …