Showing 1 - 10 of 1,862
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
This study empirically investigates the extent of noncompliance with the tax code and examines the determinants of federal income tax evasion in the U.S. Employing a refined version of Feige's (1986; 1989) General Currency Ratio (GCR) model to estimate a time series of unreported income as our...
Persistent link: https://www.econbiz.de/10012998598
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
We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and opportunity costs, we concentrate on cashless payments media...
Persistent link: https://www.econbiz.de/10012291866
We analyze the net issues of the national euro area central banks in relation to the dynamics of the shadow economy within a panel cointegration framework. Besides the total net issues, we distinguish between large, medium and small euro banknotes and take due account of other determinants of...
Persistent link: https://www.econbiz.de/10011872942
This study investigates the size and determinants of the shadow economy in Nigeria. It adopts an aggregation approach within the monetary framework and utilises the ARDL estimation technique to analyse quarterly data from 2010 Q1 to 2019 Q4. On average, the results suggest that the quarterly...
Persistent link: https://www.econbiz.de/10014364188
This paper carries out an extensive analysis of the drivers of the shadow economy (SE) in the welfare states of the … to their welfare model: Nordic, Liberal, Continental, Mediterranean, and Eastern models. The relationship between the SE … derived from a causality analysis reveal the important role played by economic development and welfare in the SE’s decline in …
Persistent link: https://www.econbiz.de/10014238656
Using various statistical procedures, estimates about the size of the shadow economy in 110 developing, transition and OECD countries are presented. The average size of the shadow economy (in percent of official GDP) over 1999-2000 in developing countries is 41%, in transition countries 38% and...
Persistent link: https://www.econbiz.de/10009748283
To synthesize the literature on determinants of the shadow economy, this paper uses three cross-national shadow economy measures and employs numerous determinants over hundreds of model combinations to identify robust determinants of the shadow economy and address modeling uncertainty. We find...
Persistent link: https://www.econbiz.de/10011457984
A large number of empirical studies pointed to the ongoing expansion of the shadow economy in many countries around the globe. A robust finding in these studies is the positive association between unemployment rates and the size of the unofficial sector. However, with consistent estimates of the...
Persistent link: https://www.econbiz.de/10011517459