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The Cash Economy and the Productivity Paradox

Project Member(s): Bajada, C.

Start year: 2003

Summary: This project examines how a significant part of the observed productivity slowdown for 5 OECD countries is the result of measurement error due to under-reporting of income arising from a growing csah economy.

FOR Codes: Macroeconomics (incl. Monetary and Fiscal Theory), Macroeconomic issues not elsewhere classified