Are fiscal rules efficient on public debt restraint in the presence of shadow economy?
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DOI: 10.1016/j.frl.2024.105495
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More about this item
Keywords
Public debt; fiscal rules; shadow economy; panel cointegration; FMOLS; DOLS;All these keywords.
JEL classification:
- E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
- O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
- D69 - Microeconomics - - Welfare Economics - - - Other
- H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
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