Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/55038 
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dc.contributor.authorPickhardt, Michaelen
dc.contributor.authorSardà, Jordien
dc.date.accessioned2012-01-30-
dc.date.accessioned2012-02-06T11:19:32Z-
dc.date.available2012-02-06T11:19:32Z-
dc.date.issued2011-
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
dc.language.isoengen
dc.publisher|aWestfälische Wilhelms-Universität Münster, Centrum für Angewandte Wirtschaftsforschung (CAWM) |cMünsteren
dc.relation.ispartofseries|aCAWM Discussion Paper |x54en
dc.subject.jelO17en
dc.subject.jelH26en
dc.subject.jelC22en
dc.subject.ddc330en
dc.subject.keywordunderground economyen
dc.subject.keywordshadow economyen
dc.subject.keywordhidden economyen
dc.subject.keywordblack economyen
dc.subject.keywordcash-deposit-ratioen
dc.subject.keywordcurrency demand approachen
dc.subject.keywordMIMIC approachen
dc.subject.stwSchattenwirtschaften
dc.subject.stwGeldumlaufen
dc.subject.stwGeldnachfrageen
dc.subject.stwSpanienen
dc.titleSize and causes of the underground economy in Spain: A correction of the record and new evidence from the MCDR approach-
dc.typeWorking Paperen
dc.identifier.ppn684383233en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:cawmdp:54en

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