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ID364065
Title ProperThe hidden economy and the evasion multipliers: Discussion Paper No. 566, SUNY at Buffalo, April 1986
Other Title InformationNIBM Working Paper
LanguageENG
AuthorSubrahmanyam, Ganti
Summary / Abstract (Note)Making the standard IS-LM curves interdependent via the introduction of taxes and evasion in the consumption and money demand functions, this paper evaluates the effects of changes in hidden economic activity on the income and interest rates of the regular economy. It finds, as a result, that the evasion multiplier could be positive (negative), after all, if the corresponding tax multiplier is normal and negative (perverse and positive).
`In' analytical NoteIn Bhattacharyay, Biswa N. & Paul, M. T.: The effect of income on bank deposits: an inter-regional analysis. [NIBM Working Paper, August 1985] Pune. National Institute of Bank Management, 1985.
Key WordsEconomy and Evasion Multipliers