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countries with more stringent de jure regulation tend to enforce less. While civil law countries tend to have more stringent de … stringent de jure labor regulations, lower overall labor inspection, and larger differences in effective regulation of bigger …
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the formal or the informal sector and government policy on taxation and enforcement, given a level of regulation. A static … to operate in the informal sector. I use cross-country data on taxes, measures of informality, and measures of regulation … OECD countries. I find also that welfare gains from reducing regulation are on average 2.1%. Finally, performing a similar …
Persistent link: https://www.econbiz.de/10014050768
This work revisits the role of regulations in emergence of the shadow economy. In particular, it supplements the previous theoretical research that mainly ignored the fact that the decision to 'go underground' is essentially a result of both employers and employees interacting in the labour...
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The shadow (underground) economy plays a major role in many countries. People evade taxes and regulations by working in the shadow economy or by employing people illegally. On the one hand, this unregulated economic activity can result in reduced tax revenue and public goods and services, lower...
Persistent link: https://www.econbiz.de/10011429964
methodologies, this paper investigates empirically the determinants of money laundering and its regulation in over 80 countries by … additionally constructs specific money laundering regulation indices based on available information on laws and their mechanisms of … across countries; the results are robust to potential endogeneity of money laundering regulation. The relevance of historical …
Persistent link: https://www.econbiz.de/10003775787
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