Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/101857 
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Papers No. 8278
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This survey presents the various methods to estimate the size of the shadow economy, their strengths and weaknesses and the estimation results. The purpose of the survey is threefold. 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. Thirdly, estimations of the size of the shadow economy and shadow labor force are presented and discussed.
Subjects: 
shadow economy estimates
shadow labor force
MIMIC approach
methods to estimate the shadow economy
advantages and disadvantages of the measurement methods
shadow labor force and unemployment
micro studies on shadow labor force
JEL: 
D78
E26
H2
H11
H26
K42
O5
O17
Document Type: 
Working Paper

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