The growing shadow economy: Implications for stabilization policy

Dieter Cassel

Intereconomics – Review of European Economic Policy (1966 - 1988), 1984, vol. 19, issue 5, 219-225

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.

Keywords: Informal; Economy (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139934

DOI: 10.1007/BF02928341

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