Shadow Economy and Financial Sector Development in Malaysia

• Main Authors: Habibullah, Muzafar Shah, Din, Badariah, Saari, M. Yusof, Baharom, A. H.
• 格式: Article
• 語言: English
• 出版: EconJournals 2016
• 主題: HC Economic History and Conditions
• 在線閱讀: 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

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...