The size of the underground economy in Germany: A correction of the record and new evidence from the Modified-Cash-deposit-Ratio approach

dc.contributor
Universitat Rovira i Virgili. Departament d'Economia
dc.contributor.author
Pickhardt, Michael
dc.contributor.author
Sardà Pons, Jordi
dc.date.accessioned
2011-05-09T15:50:28Z
dc.date.accessioned
2024-12-10T13:30:01Z
dc.date.available
2011-05-09T15:50:28Z
dc.date.available
2024-12-10T13:30:01Z
dc.date.created
2010
dc.date.issued
2010
dc.identifier.issn
1988 - 0812
dc.identifier.other
T - 1461 - 2010
dc.identifier.uri
http://hdl.handle.net/2072/148479
dc.description.abstract
Based on the Ahumada et al. (2007, Review of Income and Wealth) critique we revise existing estimates of the size of the German underground economy. Among other things, it turns out that most of these estimates are untenable and that the tax pressure induced size of the German underground economy may be much lower than previously thought. To this extent, German policy and law makers have been misguided during the last three decades. Therefore, we introduce the Modified-Cash-Deposit-Ratio (MCDR) approach, which is not subject to the recent critique and apply it to Germany for the period 1960 to 2008. JEL: O17, Q41, C22, Keywords: underground economy, shadow economy, cash-depositratio, currency demand approach, MIMIC approach
cat
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35
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490668 bytes
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application/pdf
dc.language.iso
eng
dc.relation.ispartofseries
Documents de treball del Departament d'Economia;2010-04
dc.rights
Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i el departament i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús (http://creativecommons.org/licenses/by-nc-nd/2.5/es/)
dc.subject.other
Economia submergida
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Alemanya
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Flux de caixa
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Desenvolupament econòmic
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Oferta i demanda
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Variables (Matemàtica)
dc.title
The size of the underground economy in Germany: A correction of the record and new evidence from the Modified-Cash-deposit-Ratio approach
dc.type
info:eu-repo/semantics/workingPaper
dc.subject.udc
338


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