Acknowledgments -- Introduction -- The drivers of the informal economy -- Tax morale and informality in post-socialist contexts / Diana Traikova -- The many shades of the grey economy in Romania / Rodica Ianole-Colin, Colin Vaalsan, Elena Druic? -- Evaluating the perceptions and realities of...

Acknowledgments -- Introduction -- The drivers of the informal economy -- Tax morale and informality in post-socialist contexts / Diana Traikova -- The many shades of the grey economy in Romania / Rodica Ianole-Colin, Colin Vâlsan, Elena Druic? -- Evaluating the perceptions and realities of...

"This paper examines the association between inflation, monetary policy and U.S. stock market conditions during the second half of the 20th century. We estimate a latent variable VAR to examine how macroeconomic and policy shocks affect the condition of the stock market. Further, we examine the...