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-shaped relationship between the shadow economy size and GDP per capita. Our results imply that the shadow economy tends to increase when …
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between the minimum wage and the size of the Romanian shadow economy using quarterly data for the period 2000-2015. The MIMIC …, a slow decrease was observed. The potential effect of an increase in the minimum wage on the size of the shadow economy …
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globe. A robust finding in these studies is the positive association between unemployment rates and the size of the … unofficial sector. However, with consistent estimates of the size of the unofficial sector only available from the late 1980s, a … long-run equilibrium relationship between unemployment and the size of the shadow economy. Our empirical model lends strong …
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Using Iranian-province-level data from 2001-2013, this study finds that the international sanctions of 2012/2013 had a significantly stronger negative impact on the growth rate of the shadow economy than they did on the official GDP growth rate. Thus, the international sanctions on Iran have...
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