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We further refine the Modified-Cash-Deposits-Ratio (MCDR) approach, developed by Pickhardt and Sardà (2011, 2012) with a view to analyze size and causes of the cash using section of the underground economy. Among other things, we address the issue of cash hoarding. Findings include that the...
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Trägt die Schattenwirtschaft auch zum Wirtschaftswachstum bei ist eine häufig gestellte Fra-gen, die hier beleuchtet … Schattenwirtschaft runden den Beitrag ab. …
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