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The Shadow Economy

An International Survey

Friedrich Schneider author Dominik H Enste author

Format:Paperback

Publisher:Cambridge University Press

Published:28th Apr '16

Currently unavailable, and unfortunately no date known when it will be back

The Shadow Economy cover

This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.

The economic impact and cost of shadow economies have become a pronounced international problem. This second edition uses new data from seventy-six developing, transition and OECD countries to give an overview on the subject and propose solutions to prevent illicit work.Illicit work, social security fraud, economic crime and other shadow economy activities are fast becoming an international problem. This second edition uses new data to reassess currency demand and the model approach to estimate the size of the shadow economy in 151 developing, transition, and OECD countries. This updated edition argues that during the 2000s the average size of the shadow economy varied from 19 per cent of GDP for OECD countries, to 30 per cent for transition countries, to 45 per cent for developing countries. It examines the causes and consequences of this development using an integrated approach to explain deviant behaviour that combines findings from economic, sociological, and psychological research. The authors suggest that increasing taxation and social security contributions, rising state regulatory activities, and the decline of the tax morale are all driving forces behind this growth, and they propose a reform of state public institutions in order to improve the dynamics of the official economy.

'This second edition (incorporating the most recent data) is highly recommended; it is THE book on the shadow economy.' Bruno S. Frey, Distinguished Professor of Behavioural Science, University of Warwick
'Shadow economy hides behind official labor and business. Boundaries between the official and unofficial economy are fuzzy and research scholars engage in lively debates about the validity of methods to estimate the size of shadow economy. This book provides an excellent theoretical frame to investigate shadow economy from a socio-economic perspective and highly relevant empirical data which allow (the reader) to draw practical conclusions for political interventions to combat growing economic crime.' Erich Kirchler, University of Vienna
'The authors ingeniously measure the non-measurable and remove the shadows from our economies. Great research, great book.' Hans-Werner Sinn, President, Ifo Institute for Economic Research
'The welfare of nations cannot be judged without understanding the size of the informal sector. This extremely valuable contribution provides a rigorous treatment of the subject and will become the standard reference book of the shadow economy.' Klaus F. Zimmermann, University of Bonn and Director of IZA, the Institute for the Study of Labor

ISBN: 9781316600894

Dimensions: 228mm x 152mm x 13mm

Weight: 330g

226 pages

2nd Revised edition