New COVID-related results for estimating the shadow economy in the global economy in 2021 and 2022. [PDF]
Int Econ Econ Policy, 2022 Considering the development of the shadow economy of 36 European and OECD countries over the period from 2003 to 2022 and the effect of the Coronavirus pandemic from 2020 onwards, the average size of the shadow economy of 36 European and OECD countries ...
Schneider F.
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Investigating the financial market development and shadow economy nexus in the presence of country risk in an emerging economy. [PDF]
Heliyon, 2023 This research study examined the influence of financial market development on the shadow economy and the moderating effect of country risk (political, economic, and financial) in this nexus in Pakistan. Using data from 1995 to 2018, the study applied the
Rahman SU +4 more
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Mitigating the shadow economy through financial sector development in Indonesia: some empirical results. [PDF]
Heliyon, 2021 We examine the relationship between financial sector development and the shadow economy in Indonesia from 1980 to 2020. We estimate the size of Indonesia's shadow economy using the “Modified Cash to Deposits Ratio” approach. We then construct a long-term
Safuan S, Habibullah MS, Sugandi EA.
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Assessing the Role of Digital Finance on Shadow Economy and Financial Instability: An Empirical Analysis of Selected South Asian Countries [PDF]
Social Science Research Network, 2021 : The advancement in fintech technological development in emerging countries has accelerated the role of digital finance in economic development.
Aamir Aijaz Syed +3 more
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Corruption, Shadow Economy and Economic Growth: An Empirical Survey Across the European Union Countries [PDF]
Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice, 2017 This study was carried out to empirically investigate the relationships between corruption and shadow economy among the European Union countries, over the period 2005-2014.
Sorin Nicolae Borlea +2 more
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Does national intellectual capital matter for shadow economy in the Southeast Asian countries? [PDF]
PLoS One, 2022 Understanding the determinants of the shadow economy plays a vital role in formulating policies for economic growth and development, particularly for the Southeast Asian countries-a new economic force for a global economy.
Tran TP +4 more
europepmc +3 more sources
Вестник Пермского университета: Серия Экономика, 2023 Introduction. Combating tax evasion, the shadow economy and unofficial (illegal) employment are important policy goals in every region. Achieving those goals requires various resources; therefore, it is important to determine the size of the shadow ...
Alexey V. Polovyan, Karina I. Sinitsina
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Environ Sci Pollut Res Int, 2021 This study explores the symmetric and asymmetric effects of the shadow economy on clean energy and air pollution of South Asian countries over the period 1991–2019.
Sohail MT +4 more
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Shadow economy, energy consumption, and ecological footprint in Indonesia
Sustainable FuturesIrsan Hardi +5 more
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BRING ON THE LIGHT: REDUCTION OF THE CORPORATE SHADOW ECONOMY BY TAX REFORM [PDF]
Access to Justice in Eastern Europe, 2023 Background: Our preliminary research shows that tax reform can have a meaningful impact in reducing the corporate shadow economy of a society. Countries are constantly applying lower tax rates to attract large businesses to their territory. They are also
Vincentas Giedraitis +3 more
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