Banking and Shadow Economy: A Panel Data Analysis for EU and the USA

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type 01 Jan 2013 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Miltiades N. Georgiou;

doi: 10.2139/ssrn.2357942

Banking and Shadow Economy: A Panel Data Analysis for EU and the USA

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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.

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