Government Policy in the Formal and Informal Sectors

By J. Prado. 2011

112 citations recorded by the source corpus.

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Shadow economies around the world: novel insights, accepted knowledge, and new estimates (2011, background): “Prado (2011) presents a general equilibrium model to study the interaction between government policy and the firms’ choice to operate formally or informally.”
Taxing the unobservable: The impact of the shadow economy on inflation and taxation (2017, unknown): “If we denote Q the seigniorage revenue, then the government’s budget constraint reads: G ¼ sð1 uÞY þ Q ð1Þ Variants of that budget constraint can be found in Cukierman et al. (1992), Edwards and Tabellini (1991), Cavalcanti and Villamil (2003), Koreshkova (2006), or Prado (2011).”