What drives entrepreneurs underground? The role of tax morale
Applied Economics Letters
Using novel cross-country data, we examine whether and to what extent tax morale impacts informal entrepreneurship. Employing instrumental variables strategy, we find that countries with higher tax morale enjoy lower informal entrepreneurship.
Link to Published Version
Berdiev, A. N., & Saunoris, J. W. (2019). What drives entrepreneurs underground? The role of tax morale. Applied Economics Letters, 26(10), 818–822. https://doi.org/10.1080/13504851.2018.1497847