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Journal of Advanced Research in Economics and Administrative Sciences
Purpose: In this paper, wage-black economy relationship was examined while taking into consideration the influences of inflation and taxation. Approach/Methodology/Design: In particular, Value at Risk (VAR) approach was implemented using annually data for Nigeria covering the period 1990-2018 to assess the dynamic relationship among the variables. In light of national minimum wage in Nigeria, impulse response function was used to highlight the plausible responses from black economy to a shockdoi:10.47631/jareas.v1i2.96 fatcat:ckf3vnpzbnfvfmlaen2xvogmra