Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/141579 
Year of Publication: 
2016
Series/Report no.: 
IZA Discussion Papers No. 9820
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper presents various methods for estimating the size of the shadow economy and analyzes their strengths and weaknesses. The purpose of the paper is twofold. Firstly, it demonstrates that no ideal method exists to estimate the size and development of the shadow economy. 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 and provides a comparison of the size of the shadow economy using different estimation methods.
Subjects: 
MIMIC approach
methods to estimate the shadow economy
advantages and disadvantages of the measurement methods
shadow economy estimates
JEL: 
D78
E26
H2
H11
H26
K42
O5
O17
Document Type: 
Working Paper

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