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the issue of cash hoarding. Findings include that the size of hoarded currency in Germany, about 40 to 110 billion Euro in … 2009 according to recent estimates, may have reduced the size of the cash using underground economy in Germany, ceteris …
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We estimate the size and trend of the Egyptian shadow economy using two of the most common methods: the currency demand approach and the structural equation MIMIC model. To the best of our knowledge, this is the first comprehensive study to estimate the size of the shadow economy in Egypt during...
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