The Underground Economy in the United States: Annual Estimates, 1977-83 |
Common terms and phrases
affected assumed attempt to measure average tax rate billions of u.s. C/M2 ratio calculated California State University capita income cash ceteris paribus changes column composition of income cost of holding critical F currency holdings currency ratio currency to M2 currency-denomination demand for currency dependent variable derived ECONOMY AND TAX holding currency illegal money income tax evasion increase indicates Internal Revenue Service irregular economy legal economy legal money level of currency Ln C/M2 Ln M2 loansharking marginal tax rates measure the underground national accounts nominal GNP obtain period personal income predicted level PREDICTED VALUES ratio of currency regression equations relative cost reported GNP restrictions salaries in personal service charge share of wages statistics T-bills Tanzi's model tax revenue tax variables tax-induced taxpayers total underground trillion u.s. dollars UGNP underground activity underground economic activities underground economy underground GNP value of currency velocity of money wages and salaries weighted average tax