This paper investigates whether the size of the shadow economy increases income inequality in Uganda. This paper applies the autoregressive distributed lag (ARDL) bounds testing approach to cointegration, to test the long- and short-run relationship between the shadow economy and income...

The WAEMU and the Franc CFA-Zone: A new culture of co-operation in Francophone Africa? The CFA-zone is basically composed of two sub-zones, characterised by significant structural economic and political differences within and between its member countries: the West African Economic and Monetary...

This chapter surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...

The concept of informality started to materialize back in the early 1970s. Though it was a foreign notion for many, it still continues to develop nowadays. The debate over informal economy still persists, many believe that informality is linked to poorer countries and economies, and that it...

This paper investigates whether the size of the shadow economy increases income inequality in Uganda. This paper applies the autoregressive distributed lag (ARDL) bounds testing approach to cointegration, to test the long- and short-run relationship between the shadow economy and income...

The main aim of this study is to examine the consumers’ behaviour towards milk consumption. The specific objectives are to know the regular source of milk, satisfaction to quality of milk products and their price; payment system, per capita consumption of milk and to provide implications for...

In this chapter, Lars Osberg and Andrew Sharpe provide an overview of trends in a number of dimensions of economic well-being (consumption flows, stocks of wealth, income equality, and economic security) from the lens of the Index of Economic Well-being, a new composite measure of economic...

The present paper attempts to examine the impact of nature based tourism in Meghalaya on the income and employment. Nature based tourism has important impact on the welfare of the local people of Meghalaya, especially women who have been engaged in various tourism related activities along with...

We explore how the underemployment problem of less-developed economies is related to income inequality. Consumers have nonhomothetic preferences over differentiated products of formal-sector goods and thus inequality affects the composition of aggregate demand via the price-setting behavior of...