New Release Books by Helen Solomon

Helen Solomon is the author of Elsie (1989), Shadow Economy And Unemployment Rate In U.S.A. Is There A Structural Relationship? An Empirical Analysis (2008) and Rag Bag (1974).

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Elsie

release date: Jan 01, 1989
Elsie
When Elsie the baby elephant has an itchy back, all of the other elephants give her advice on how to scratch it, but nothing works until Elsie's mother comes up with the solution.

Shadow Economy And Unemployment Rate In U.S.A. Is There A Structural Relationship? An Empirical Analysis

release date: Jan 01, 2008
Shadow Economy And Unemployment Rate In U.S.A. Is There A Structural Relationship? An Empirical Analysis
Abstract: This paper aims to estimate the size of the U.S. shadow economy (SE) using a Structural Equation Approach and to evaluate if a structural relationship exists between the SE and the unemployment rate (UR) in the United States. The size of the SE is estimated to be decreasing over the last two decades. We corroborate the existence of a structural relationship between the shadow economy and the unemployment rate by using a simple theoretical model. Furthermore, we extend the Okun's law to estimate the structural relationship between growth rate of official GDP, SE and UR. Our results indicate a significant positive relationship between the SE and the UR


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