The Shadow Economy

by Friedrich Schneider

Overview

A comprehensive survey of the existent widespread shadow economy—accounting for around one tenth of economic activity in the UK and more than one quarter of economic activity in some European countries—this work examines the size, causes, and possible solutions to the problem of such economic activity. The authors, two leading international researchers in this field, assess the main methods of calculating the size of the shadow economy and examine the relationship between the extent of such economic activity and the level of taxes, regulation, and the legal and institutional framework. Noting that these issues are found to be crucial in understanding how to tackle the problem, the authors proposal several practical policy measures.

Product Details

ISBN-13:	9780255366748
Publisher:	London Publishing Partnership
Publication date:	07/01/2013
Series:	Hobart Papers (Paperback)
Pages:	1
Product dimensions:	5.10(w) x 7.70(h) x 0.50(d)

About the Author

Friedrich Schneider has been a professor of economics at Johannes Kepler University in Linz, Austria for 27 years. He is the former European editor of Public Choice and has published extensively in leading economics journals, including the American Economic Review, the Economic Journal, and the Quarterly Journal of Economics. Colin C. Williams is a professor of public policy and the director of the Inter-Disciplinary Centre of the Social Sciences at the University of Sheffield.

Table of Contents

List of figures; List of tables; Foreword Vito Tanzi;

1. The shadow economy: a challenge for economic and social policy;
2. Defining the shadow economy;
3. Methods to estimate the size of the shadow economy;
4. Size of shadow economies around the world;
5. The size of the shadow economy labour force;
6. An integrated approach to explain deviant behaviour;
7. Analysing the causes and measures of economic policy;
8. Effects of the increasing shadow economy;
9. The 'two-pillar strategy';
10. Conclusion and outlook; List of references; Index.