Shadow Economy: Estimation Methods, Problems, Results and Open questions

Authors: Friedrich Schneider / Andreas Buehn Published Online: 2017-05-16 DOI: https://doi.org/10.1515/openec-2017-0001 source: www.ccPixs.com Abstract This paper presents various methods used for estimating the size of the shadow economy. Each method is evaluated and its strengths and weaknesses are discussed, as well as results each method yields. The purpose of the paper is threefold: Firstly, to demonstrate that there is no single infallible method for estimating the size and developm..