Kholodilin, Konstantin A.; Thießen, Ulrich - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011
In this paper, the extent of the shadow economy in OECD countries is investigated. The estimates of the size of the … shadow economy are obtained using the panel-data techniques applied to the data on 38 OECD member states over the period 1991 … that the estimates of the size of the shadow economy are very sensitive to the assumption on the velocity of money …