Introduction to the Special Issue: "The Shadow Economy, Tax Evasion, and Money Laundering" 5 Aug 2013 | 10:13 am

Using Dynamic Panel Methods to Estimate Shadow Economies Around the World, 1984-2006 5 Aug 2013 | 10:13 am

The article estimates the size of shadow economy for 111 countries for the years 1984–2006 based on the currency demand approach. An important innovation is our use of dynamic panel data methods, whic...

The Contribution of Illegal Activities to National Income in the Netherlands 5 Aug 2013 | 10:13 am

Illegal activities such as smuggling, prostitution, and the production and sales of illicit drugs contribute to the national income of a country. In practice, however, they are not included in the sta...

The Impact of Unemployment Rate on the Size of Romanian Shadow Economy 5 Aug 2013 | 10:13 am

This article estimates the size of the Romanian shadow economy (SE) using the currency demand approach, in order to evaluate if there is any relationship between the SE and unemployment rate (UR). Usi...

Steady State Laffer Curve with the Underground Economy 5 Aug 2013 | 10:13 am

This article studies equilibrium effects of fiscal policy within a dynamic general equilibrium model where tax evasion and underground activities are explicitly incorporated. In particular, we show th...

Tax Evasion and Tacit Collusion 5 Aug 2013 | 10:13 am

This article analyzes the interaction between tax evasion and tacit collusion. We show that the possibility of evading taxes generally influences the incentives to form a cartel. We establish that whe...

Can Money Laundering Decrease? 5 Aug 2013 | 10:13 am

After two decades of research on money laundering, it seems time to look at what we know and what progress has been made in research. One simple question is whether we know if money laundering has inc...

The Financial Flows of Transnational Crime and Tax Fraud in OECD Countries: What Do We (Not) Know? 5 Aug 2013 | 10:13 am

This article has two goals. First, it presents a preliminary literature review of the empirical findings of the worldwide proceeds of transnational organized crime (TOC) and for some Organisation for ...

Decentralization and Tax Competition between Asymmetrical Local Governments: Theoretical and Empirical Evidence 21 Jun 2013 | 12:02 pm

This article presents a model of tax competition between an arbitrarily large number of asymmetrical jurisdictions. Tax competition induces lower corporate taxes and lower public input provision than ...

Fiscal Decentralization and Economic Growth in OECD Countries: Is There a Relationship? 21 Jun 2013 | 12:02 pm

We study the effect of fiscal decentralization on economic growth for twenty-three Organisation for Economic Co-operation and Development countries from 1975 to 2008. In order to proxy fiscal decentra...