Ercolani, Marco G. (contributor) - 2007
tax, hidden/shadow/underground economy, seigniorage
*I thank Alessandro Amelotti for his comments … revenue,
excluding seigniorage revenue, to total taxable output. It therefore includes all direct
and indirect taxes but … seigniorage and the liquidity tax-rate. The second strand refers
to the evasion, or avoidance, of the fiscal tax and the existence …