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Reflections on the Meaning and Measurement of Unobserved Economies: What do we really know about the “Shadow Economy”?
Journal of Tax Administration
View Archive Info| Field | Value | |
| Title |
Reflections on the Meaning and Measurement of Unobserved Economies: What do we really know about the “Shadow Economy”?
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| Creator |
Feige, Edgar L.
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| Description |
This paper reviews the meaning and measurement of unobserved economies germane to tax evasion and macroeconomic information systems. These include unreported, non-observed, underground, illegal, informal and unrecorded economies. It reviews the progress and shortcomings of national and international agency efforts to measure these unobserved economies, noting what they have in common, what distinguishes one from another and their interconnections. It then examines the meaning of Professor Schneider’s shadow economy (SSE), and the veracity of his claim to have accurately estimated its size and trend worldwide by employing a MIMIC model methodology. It concludes that SSE estimates suffer from conceptual flaws, apparent manipulation of results and insufficient documentation for replication, questioning their place in the academic, policy and popular literature.
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| Publisher |
Journal of Tax Administration
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| Contributor |
—
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| Date |
2016-04-08
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://jota.website/index.php/JoTA/article/view/69
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| Source |
Journal of Tax Administration; Vol 2, No 1 (2016): Special Issue: The Shadow Economy
2059-190X |
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| Language |
eng
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| Relation |
http://jota.website/index.php/JoTA/article/view/69/52
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| Rights |
Copyright (c) 2016 Journal of Tax Administration
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