Estimating the size of the shadow economy: methods, problems and open questions

"This paper presents the various methods to estimate the size of the shadow economy, their strengths and weaknesses. The purpose of the paper is twofold. Firstly, it demonstrates that no ideal method to estimate the size and development of the shadow economy exists. Because of its flexibility,...

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Bibliographic Details
Main Authors: Schneider, Friedrich, Bühn, Andreas
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Munich 2013
CESifo
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19122462124919406449-estimating-the-size-of-the-sha.htm
Description
Summary:"This paper presents the various methods to estimate the size of the shadow economy, their strengths and weaknesses. The purpose of the paper is twofold. Firstly, it demonstrates that no ideal method to estimate the size and development of the shadow economy exists. Because of its flexibility, the MIMIC method used to get macro-estimates of the size of the shadow economy is discussed in greater detail. Secondly, the paper focuses on the definition and causal factors of the shadow economy as well as on a comparison of the size of the shadow economy using different estimation methods."
Physical Description:40 p .
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