Banking and Shadow Economy: A Panel Data Analysis for EU and the USA
8 Pages Posted: 23 Nov 2013
Date Written: November 21, 2013
Abstract
In the present paper an empirical analysis will point out that, based on (Georgiou, 2013), shadow economy has a negative impact on banking survival. The sample covers many Western European Countries and the United States. Data are taken from OECD, as well as (Schneider et al., 2010); (Schneider, 2013). The elaboration of these panel data is made feasible by means of the Eviews software package.
Keywords: Shadow Economy; Banking; Econometric models with panel data (single equation)
JEL Classification: O17, E5, C23
Suggested Citation: Suggested Citation
Georgiou, Miltiades N., Banking and Shadow Economy: A Panel Data Analysis for EU and the USA (November 21, 2013). Available at SSRN: https://ssrn.com/abstract=2357942 or http://dx.doi.org/10.2139/ssrn.2357942
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