Underground Economy and Income Inequality: Two Connected Aspects in the Oncoming Context of Italian Federalism
نویسندگان
چکیده
* School of Advanced Studies “Gabriele d’Annunzio”, Doctorate of Philosophy, XXIV cycle, University of Chieti-Pescara, Viale Pindaro 42, Pescara 65127, Italy, Tel.: +39 085 453 7679; iacopo. [email protected]. ** Department of Quantitative Methods and Economic Theory, University of Chieti-Pescara, Viale Pindaro 42, Pescara 65127, Italy, Tel.: +39 085 453 7585; fax: +39 085 453 7980; [email protected]. Abstract
منابع مشابه
Openness of Trade, Unemployment and Inequality of Income Distribution: Comparison between Developed and Developing Countries
In the discussions of trading, unemployment and income distribution inequality, this question is raised by economists that in economic development of developing and developed countries, which policy is necessary in the first stage. Is trading liberalization the pre-requirement of transfer from a close economy to a relative open economy and is it necessary for the developed economy compared to o...
متن کاملConstitutional change and inequality in Scotland
What scope does a sub-national economy have to affect the level of inequality? Does a policy menu consistent with the theories of fiscal federalism provide for an ability to affect inequality measures, or does this ability require the powers of a nation state? In this paper we discuss these questions in the context of the debate around the Scottish independence referendum, in which inequality h...
متن کاملFinancial development and the underground economy
a r t i c l e i n f o We provide a theoretical and empirical study of the relation between financial development and the size of the underground economy. In our theoretical framework agents allocate investment between a low-return technology which can be operated with internal funds, and a high-return technology which requires external finance. Firms can reduce the cost of funding by disclosing...
متن کاملاقتصاد زیرزمینی و تأثیر آن بر
Hidden nature of underground economy makes it difficult to measure and carry out a direct study on it . Thus, most of the common measurement methods are the ones that indirectly estimate the extent of these activities and suffer from restrictive assumptions. In the past two decades, economists began to pay attention to measurement of underground economy volume and its causes and effects more t...
متن کاملGlobalization and Income Inequality: Does the Level of Financial Development Matter?
This paper examines the impact of globalization on income inequality in a panel of 78 developed and developing countries over 2002–2015. Moreover, the indirect effect of financial development in the link between globalization and income inequality is also analyzed by incorporating the interaction term between globalization and financial development. The empirical evidence based on the first-dif...
متن کامل