Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/167508 
Year of Publication: 
2017
Series/Report no.: 
CESifo Working Paper No. 6522
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
In this paper, first, the MIMIC estimation method is described and criticized and due to a double counting problem a correction is suggested. Second, the measurement methods used for National Accounts Statistics – the discrepancy method and two new micro survey methods – are described and a third, a micro method, using a combination of company manager surveys and their knowledge to calibrate the size of the shadow economy in firms, is presented, too. Third, a detailed comparison of the four micro estimation methods with the MIMIC and the corrected MIMIC method are presented. One major result is that the corrected MIMIC method, especially, comes quite close to various types of lately developed micro survey methods.
Subjects: 
MIMIC estimation methods
macro and adjusted
micro survey method asking company managers
micro survey method using households’ data
using the consumption-income-gap
comparison of results of size of shadow economy of European countries
shadow economies
JEL: 
E26
E01
H26
H32
K42
P24
O17
Document Type: 
Working Paper
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