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The growing shadow economy: Implications for stabilization policy

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  • Cassel, Dieter

Abstract

Not only has the shadow economy obviously been growing much more rapidly than the official economy in the Western industrialised countries, it also appears to have a growth cycle of its own, running counter to the official economy's growth cycle. This raises a number of important questions for stabilization policy.

Suggested Citation

  • Cassel, Dieter, 1984. "The growing shadow economy: Implications for stabilization policy," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 19(5), pages 219-225.
  • Handle: RePEc:zbw:inteco:139934
    DOI: 10.1007/BF02928341
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    Cited by:

    1. Canh P. Nguyen & Christophe Schinckus & Dinh Su Thanh, 2020. "Economic Fluctuations And The Shadow Economy: A Global Study," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 20(03), pages 1-24, September.
    2. Dagmara Nikulin & Ewa Lechman, 2021. "Shadow Economy in Poland: Results of the Survey," SpringerBriefs in Economics, in: Shadow Economy in Poland, chapter 0, pages 49-65, Springer.

    More about this item

    Keywords

    Informal Economy;

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