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dc.contributor.authorPickhardt, Michaelen_US
dc.contributor.authorSardà, Jordien_US
dc.date.accessioned2012-01-30en_US
dc.date.accessioned2012-02-06T11:19:32Z-
dc.date.available2012-02-06T11:19:32Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/55038-
dc.description.abstractWe review existing estimates of the size of the Spanish underground economy, apply the Ahumada et al. (2007, RIW) correction procedure to some of them and calculate the size of the underground economy in Spain for the period 1960 through 2009 by using the modified-cash-deposits-ratio (MCDR) approach recently developed by Pickhardt and Sardà (2011, EJLE). We then extend the MCDR approach with respect to an analysis of the causes of the Spanish underground economy. Contrary to most other studies, we show that the latter is not predominantly caused by tax pressure, but by labor market aspects, macroeconomic influences and criminal activities. Based on these findings we derive some unprecedented policy recommendations.en_US
dc.language.isoengen_US
dc.publisherCAWM Münsteren_US
dc.relation.ispartofseriesCAWM discussion paper / Centrum für Angewandte Wirtschaftsforschung Münster 54en_US
dc.subject.jelO17en_US
dc.subject.jelH26en_US
dc.subject.jelC22en_US
dc.subject.ddc330en_US
dc.subject.keywordunderground economyen_US
dc.subject.keywordshadow economyen_US
dc.subject.keywordhidden economyen_US
dc.subject.keywordblack economyen_US
dc.subject.keywordcash-deposit-ratioen_US
dc.subject.keywordcurrency demand approachen_US
dc.subject.keywordMIMIC approachen_US
dc.subject.stwSchattenwirtschaften_US
dc.subject.stwGeldumlaufen_US
dc.subject.stwGeldnachfrageen_US
dc.subject.stwSpanienen_US
dc.titleSize and causes of the underground economy in Spain: A correction of the record and new evidence from the MCDR approachen_US
dc.typeWorking Paperen_US
dc.identifier.ppn684383233en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:cawmdp:54-
Appears in Collections:CAWM Discussion Papers, Universität Münster

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