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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5552 |
DP5552 Aggregate Implications of Wealth Redistribution: The Case of Inflation | |
Martin Schneider; Matthias Doepke | |
发表日期 | 2006-03-17 |
出版年 | 2006 |
语种 | 英语 |
摘要 | This paper presents theory and evidence on the determinants of the size of the informal sector. We propose a simple theoretical model in which it is positively related to income inequality, more so under weak institutions, and is negatively related to the economy's wealth. These predictions are then empirically validated using different proxies of the size of the informal sector, income inequality, and institutional quality. The results are shown to be robust with respect to a variety of econometric specifications. We also find that government interventions through taxes and regulations lose much of their robustness in the presence of the above factors. |
主题 | Public Economics |
关键词 | Informal sector Shadow economy Inequality Institutional quality |
URL | https://cepr.org/publications/dp5552 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534397 |
推荐引用方式 GB/T 7714 | Martin Schneider,Matthias Doepke. DP5552 Aggregate Implications of Wealth Redistribution: The Case of Inflation. 2006. |
条目包含的文件 | 条目无相关文件。 |
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