Shadow Economy and Financial Sector Development in Malaysia

This paper explores the link between the shadow economy and financial sector development in Malaysia for the period 1971-2013.We calculate the size of the shadow economy by using the modified-cash-deposits-ratio approach recently developed by Pickhardt and Sardia (2011).We investigate the contention...

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Bibliographic Details
Main Authors: Habibullah, Muzafar Shah, Din, Badariah, Saari, M. Yusof, Baharom, A. H.
Format: Article
Language:English
Published: EconJournals 2016
Subjects:
Online Access:http://repo.uum.edu.my/23309/1/IJEFI%202016%206S7%20181%20185.pdf
http://repo.uum.edu.my/23309/
http://www.econjournals.com/index.php/ijefi/article/view/3604
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