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dc.contributor.authorPickhardt, Michaelen_US
dc.contributor.authorSardà, Jordien_US
dc.date.accessioned2012-03-30en_US
dc.date.accessioned2012-04-17T14:14:15Z-
dc.date.available2012-04-17T14:14:15Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/57172-
dc.description.abstractWe further refine the Modified-Cash-Deposits-Ratio (MCDR) approach, developed by Pickhardt and Sardà (2011, 2012) with a view to analyze size and causes of the cash using section of the underground economy. Among other things, we address 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 paribus, from about 8.5 to 2 percent in 2009, according to the MCDR approach.en_US
dc.language.isoengen_US
dc.publisherCAWM Münsteren_US
dc.relation.ispartofseriesCAWM discussion paper / Centrum für Angewandte Wirtschaftsforschung Münster 56en_US
dc.subject.jelO17en_US
dc.subject.jelH26en_US
dc.subject.ddc330en_US
dc.subject.keywordunderground economyen_US
dc.subject.keywordshadow economyen_US
dc.subject.keywordhoardingen_US
dc.subject.keywordcash demanden_US
dc.subject.stwSchattenwirtschaften_US
dc.subject.stwGeldnachfrageen_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleCash, hoarding and the underground economyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn689527926en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:cawmdp:56-
Appears in Collections:CAWM Discussion Papers, Universität Münster

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