Shadow Economy and Financial Sector Development in Malaysia

Shadow Economy and Financial Sector Development in Malaysia

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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 (MCDR) approach recently developed by Pickhardt and Sardia (2011). We investigate the c...

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Bibliographic Details
Main Authors: Muzafar Shah Habibullah, Badariah H. Din, M. Yusof-Saari, A. H. Baharom
Format: Article
Language:English
Published: EconJournals 2016-10-01
Series:International Journal of Economics and Financial Issues
Subjects:
modified-cash-deposit-ratio
shadow economy
financial sector development
malaysia
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32000/353056?publisher=http-www-cag-edu-tr-ilhan-ozturk

Internet

https://dergipark.org.tr/tr/pub/ijefi/issue/32000/353056?publisher=http-www-cag-edu-tr-ilhan-ozturk

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