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Labor Market Institutions and Their Impact on Shadow Economies in Europe


 
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1. Title Title of document Labor Market Institutions and Their Impact on Shadow Economies in Europe
 
2. Creator Author's name, affiliation, country ; Czech Republic
 
2. Creator Author's name, affiliation, country Ondrej Schneider; Institute of Economic Studies, Charles University in Prague; Czech Republic
 
3. Subject Discipline(s) Economics
 
3. Subject Keyword(s) labor market institutions; shadow economy; shadow employment; European Union
 
3. Subject Subject classification J08; O17; O52
 
4. Description Abstract This paper analyzes the role of labor market institutions in explaining developments of shadow economies in European countries. We use several alternative measures of the shadow sector to examine the effects of labor market institutions on shadow sector in two specific regions, the old and the new European Union member states. Comparing alternative measures of the shadow sector allows a more granulated analysis of the effects of labor market institutions. Our results indicate that the one institution that unambiguously increases shadow economy is the strictness of employment protection legislation. Other labor market institutions have less straightforward and statistically robust effects, and their impact often differs in the old and new EU member states.
 
5. Publisher Organizing agency, location University of Perugia
 
6. Contributor Sponsor(s) World Bank; IZA
 
7. Date (YYYY-MM-DD) 2014-07-28
 
8. Type Status & genre Peer-reviewed Article
 
8. Type Type
 
9. Format File format PDF
 
10. Identifier Uniform Resource Identifier http://www.rei.unipg.it/rei/article/view/146
 
10. Identifier Digital Object Identifier http://dx.doi.org/10.5202/rei.v5i1.146
 
11. Source Title; vol., no. (year) Review of Economics and Institutions; Vol 5, No 1 (2014)
 
12. Language English=en en
 
13. Relation Supp. Files
 
14. Coverage Geo-spatial location, chronological period, research sample (gender, age, etc.)
 
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