Estimating the Shadow Economy
A Comment
ResearchPublished 1985
Frey and Weck have presented a causal model of the shadow economy to classify OECD nations according to whether they had shadow economies which were relatively large, relatively small, or of uncertain size, and to analyze patterns of growth in the shadow economy. Taxes, regulations, and some labor force variables are the specified causal factors. This comment argues that (1) taxes and regulations are very heterogeneous collections of instruments, with widely differing shadow economy consequences, (2) inappropriate variables are chosen for some of the causal variables, and (3) certain labor force variables are incorrectly treated as exogenous.
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- Copyright: RAND Corporation
- Availability: Available
- Year: 1985
- Print Format: Paperback
- Paperback Pages: 8
- Paperback Price: $20.00
- Document Number: P-7013
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Reuter, Peter, Estimating the Shadow Economy: A Comment, RAND Corporation, P-7013, 1985. As of September 5, 2024: https://www.rand.org/pubs/papers/P7013.html
Reuter, Peter, Estimating the Shadow Economy: A Comment. Santa Monica, CA: RAND Corporation, 1985. https://www.rand.org/pubs/papers/P7013.html. Also available in print form.
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