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The Economics of the Hidden Economy
This two-volume set brings together a selection of key articles which examine the shadow economy and its relationship with underground activities. The set contains important work on surveys and conceptual considerations, theoretical approaches and policy implications. It further focuses on the empirical results of studies into the shadow economy, and considers tax evasion, tax compliance, tax morale and government institutions. This authoritative publication will be of interest to anyone seeking a comprehensive investigation into the shadow economy.
More Information
Critical Acclaim
Contributors
Contents
More Information
This two-volume set brings together a selection of key articles which examine the shadow economy and its relationship with underground activities. The set contains important work on surveys and conceptual considerations, theoretical approaches and policy implications. It further focuses on the empirical results of studies into the shadow economy, and considers tax evasion, tax compliance, tax morale and government institutions. This authoritative publication will be of interest to anyone seeking a comprehensive investigation into the shadow economy.
Critical Acclaim
‘The literature in both volumes deals with a broad range of detailed recommendations based on theoretical reasoning as well as empirical experience. . . This collection of articles may become the hidden economy reader as it represents a broad and deep international digest right across the most relevant aspects of the subject. A volume III would be useful to catch up with the latest developments in research on the shadow economy.’
– Wolf Schäfer, Jahrbucher fur Nationalokonomie und Statistik
– Wolf Schäfer, Jahrbucher fur Nationalokonomie und Statistik
Contributors
54 articles, dating from 1958 to 2007
Contributors include: D. Blades, P. Cagan, E.L. Feige, L.P. Feld, B.S. Frey, J. Klovland, W. Pommerehne, V. Tanzi, H. Weck-Hannemann, C. Williams
Contributors include: D. Blades, P. Cagan, E.L. Feige, L.P. Feld, B.S. Frey, J. Klovland, W. Pommerehne, V. Tanzi, H. Weck-Hannemann, C. Williams
Contents
Contents:
Volume I
Acknowledgements
Introduction Shadow Economies Around the World: Some Preliminary Facts and First Policy Conclusions Friedrich Schneider
PART I SURVEYS AND CONCEPTUAL ISSUES
A Surveys
1. Bruno S. Frey and Werner W. Pommerehne (1984), ‘The Hidden Economy: State and Prospects for Measurement’
2. Ann D. Witte (1987), ‘The Nature and Extent of Unrecorded Activity: A Survey Concentrating on a Recent US Research’
3. Friedrich Schneider and Dominik H. Enste (2000), ‘Shadow Economies: Size, Causes, and Consequences’
4. Klarita Gërxhani (2003), ‘The Informal Sector in Developed and Less Developed Countries: A Literature Survey’
B Conceptual Issues
5. Phillip Cagan (1958), ‘The Demand for Currency Relative to the Total Money Supply’
6. Bruno S. Frey (1983), ‘Politics, Economics, and the Underground Economy’
7. Edgar L. Feige (1985), ‘The Meaning of the “Underground Economy” and the Full Compliance Deficit’
8. David E.A. Giles (1999), ‘Measuring the Hidden Economy: Implications for Econometric Modelling’
9. James D. Smith (1985), ‘Market Motives in the Informal Economy’
PART II THEORETICAL APPROACHES
A Micro-Approaches
10. Peter de Gijsel (1985), ‘A Microeconomic Analysis of Black Labour Demand and Supply’
11. Reinhard Neck, Friedrich Schneider and Markus Hofreither (1989), ‘The Consequences of Progressive Income Taxation for the Shadow Economy: Some Theoretical Considerations’
12. James Alm, Gary H. McClelland and William D. Schulze (1992), ‘Why Do People Pay Taxes?’
13. Marco Fugazza and Jean-François Jacques (2004), ‘Labor Market Institutions, Taxation and the Underground Economy’
B Macro-Approaches
14. V. Ginsburgh, Ph. Michel, F. Padoa Schioppa and P. Piestieau (1985), ‘Macroeconomic Policy in the Presence of an Irregular Sector’
15. Jim Thomas (1999), ‘Quantifying the Black Economy: “Measurement Without Theory” Yet Again?’
16. Francesco Busato and Bruno Chiarini (2004), ‘Market and Underground Activities in a Two-sector Dynamic Equilibrium Model’
PART III POLICY IMPLICATIONS
17. Dilip K. Bhattacharyya (1999), ‘On the Economic Rationale of Estimating the Hidden Economy’
18. Era Dabla-Norris and Andrew Feltenstein (2005), ‘The Underground Economy and its Macroeconomic Consequences’
19. M.E. Streit (1984), ‘The Shadow Economy: A Challenge to the Welfare State?’
20. M.C. Adam and V. Ginsburgh (1985), ‘The Effects of Irregular Markets on Macroeconomic Policy: Some Estimates for Belgium’
21. Friedrich Schneider and Reinhard Neck (1993), ‘The Development of the Shadow Economy under Changing Tax Systems and Structures: Some Theoretical and Empirical Results for Austria’
22. Christopher Bajada (2003), ‘Business Cycle Properties of the Legitimate and Underground Economy in Australia’
Name Index
Volume II
Acknowledgements
An introduction by the editors to both volumes appears in Volume I
PART I EMPIRICAL RESULTS
A Micro-Results
1. Simon Johnson, Daniel Kaufmann, John McMillan and Christopher Woodruff (2000), ‘Why do Firms Hide? Bribes and Unofficial Activity after Communism’
2. Annette Mummert and Friedrich Schneider (2001), ‘The German Shadow Economy: Parted in a United Germany?’
3. Valerie Braithwaite, Monika Reinhart and Jenny Job (2005), ‘Getting On or Getting By? Australians in the Cash Economy’
B Macro-Results
4. Derek Blades (1982), ‘The Hidden Economy and the National Accounts’
5. Bruno S. Frey and Hannelore Weck-Hannemann (1984), ‘The Hidden Economy as an “Unobserved” Variable’
6. Mária Lackó (2000), ‘Hidden Economy – An Unknown Quantity? Comparative Analysis of Hidden Economies in Transition Countries, 1989–95’
7. Edgar L. Feige (1979), ‘How Big is the Irregular Economy?’
8. Gebhard Kirchgässner (1983), ‘Size and Development of the West German Shadow Economy, 1955–1980’
9. Vito Tanzi (1983), ‘The Underground Economy in the United States: Annual Estimates, 1930–80’
10. Jan Tore Klovland (1984), ‘Tax Evasion and the Demand for Currency in Norway and Sweden. Is there a Hidden Relationship?’
11. Arne Jon Isachsen and Steiner Strom (1985), ‘The Size and Growth of the Hidden Economy in Norway’
12. Dennis J. Aigner, Friedrich Schneider and Damaynanti Gosh (1988), ‘Me and My Shadow: Estimating the Size of the U.S. Hidden Economy from Time Series Data’
13. Edgar L. Feige (1994), ‘The Underground Economy and the Currency Enigma’
14. M.S.D. Bagachwa and A. Naho (1995), ‘Estimating the Second Economy in Tanzania’
C Shadow Labour Markets
15. Arne Jon Isachsen and Steinar Strøm (1980), ‘The Hidden Economy: The Labor Market and Tax Evasion’
16. Bruno Contini (1981), ‘Labor Market Segmentation and the Development of the Parallel Economy – The Italian Experience’
17. Thomas Lemieux, Bernard Fortin and Pierre Frechette (1994), ‘The Effect of Taxes on Labor Supply in the Underground Economy’
18. Colin C. Williams and Jan Windebank (1995), ‘Black Market Work in the European Community: Peripheral Work for Peripheral Localities?’
19. Enrico A. Marcelli (2004), ‘Unauthorized Mexican Immigration, Day Labour and Other Lower-wage Informal Employment in California’
PART II RELATED AREAS
A Tax Evasion, Tax Compliance
20. Michael G. Allingham and Agnar Sandmo (1972), ‘Income Tax Evasion: A Theoretical Analysis’
21. Charles T. Clotfelter (1983), ‘Tax Evasion and Tax Rates: An Analysis of Individual Returns’
22. Werner W. Pommerehne and Hannelore Weck-Hannemann (1996), ‘Tax Rates, Tax Administration and Income Tax Evasion in Switzerland’
23. James Andreoni, Brian Erard and Jonathan Feinstein (1998), ‘Tax Compliance’
24. Lars P. Feld and Bruno S. Frey (2007), ‘Tax Compliance as the Result of a Psychological Tax Contract: The Role of Incentives and Responsive Regulation’
25. Lars P. Feld and Bruno S. Frey (2005), ‘Illegal, Immoral, Fattening or What? How Deterrence and Responsive Regulation Shape Tax Morale’
B Tax Morale
26. Werner W. Pommerehne, Albert Hart and Bruno S. Frey (1994), ‘Tax Morale, Tax Evasion and the Choice of Policy Instruments in Different Political Systems’
27. Benno Torgler (2005), ‘Tax Morale in Latin America’
28. Gebhard Kirchgässner (2003), ‘Moral Aspects of Taxation’
C Government Institutions
29. Hans-Georg Petersen (1982), ‘Size of the Public Sector, Economic Growth and the Informal Economy: Development Trends in the Federal Republic of Germany’
30. Norman V. Loayza (1996), ‘The Economics of the Informal Sector: A Simple Model and Some Empirical Evidence from Latin America’
31. Jay-Pil Choi and Marcel Thum (2005), ‘Corruption and the Shadow Economy’
Name Index
Volume I
Acknowledgements
Introduction Shadow Economies Around the World: Some Preliminary Facts and First Policy Conclusions Friedrich Schneider
PART I SURVEYS AND CONCEPTUAL ISSUES
A Surveys
1. Bruno S. Frey and Werner W. Pommerehne (1984), ‘The Hidden Economy: State and Prospects for Measurement’
2. Ann D. Witte (1987), ‘The Nature and Extent of Unrecorded Activity: A Survey Concentrating on a Recent US Research’
3. Friedrich Schneider and Dominik H. Enste (2000), ‘Shadow Economies: Size, Causes, and Consequences’
4. Klarita Gërxhani (2003), ‘The Informal Sector in Developed and Less Developed Countries: A Literature Survey’
B Conceptual Issues
5. Phillip Cagan (1958), ‘The Demand for Currency Relative to the Total Money Supply’
6. Bruno S. Frey (1983), ‘Politics, Economics, and the Underground Economy’
7. Edgar L. Feige (1985), ‘The Meaning of the “Underground Economy” and the Full Compliance Deficit’
8. David E.A. Giles (1999), ‘Measuring the Hidden Economy: Implications for Econometric Modelling’
9. James D. Smith (1985), ‘Market Motives in the Informal Economy’
PART II THEORETICAL APPROACHES
A Micro-Approaches
10. Peter de Gijsel (1985), ‘A Microeconomic Analysis of Black Labour Demand and Supply’
11. Reinhard Neck, Friedrich Schneider and Markus Hofreither (1989), ‘The Consequences of Progressive Income Taxation for the Shadow Economy: Some Theoretical Considerations’
12. James Alm, Gary H. McClelland and William D. Schulze (1992), ‘Why Do People Pay Taxes?’
13. Marco Fugazza and Jean-François Jacques (2004), ‘Labor Market Institutions, Taxation and the Underground Economy’
B Macro-Approaches
14. V. Ginsburgh, Ph. Michel, F. Padoa Schioppa and P. Piestieau (1985), ‘Macroeconomic Policy in the Presence of an Irregular Sector’
15. Jim Thomas (1999), ‘Quantifying the Black Economy: “Measurement Without Theory” Yet Again?’
16. Francesco Busato and Bruno Chiarini (2004), ‘Market and Underground Activities in a Two-sector Dynamic Equilibrium Model’
PART III POLICY IMPLICATIONS
17. Dilip K. Bhattacharyya (1999), ‘On the Economic Rationale of Estimating the Hidden Economy’
18. Era Dabla-Norris and Andrew Feltenstein (2005), ‘The Underground Economy and its Macroeconomic Consequences’
19. M.E. Streit (1984), ‘The Shadow Economy: A Challenge to the Welfare State?’
20. M.C. Adam and V. Ginsburgh (1985), ‘The Effects of Irregular Markets on Macroeconomic Policy: Some Estimates for Belgium’
21. Friedrich Schneider and Reinhard Neck (1993), ‘The Development of the Shadow Economy under Changing Tax Systems and Structures: Some Theoretical and Empirical Results for Austria’
22. Christopher Bajada (2003), ‘Business Cycle Properties of the Legitimate and Underground Economy in Australia’
Name Index
Volume II
Acknowledgements
An introduction by the editors to both volumes appears in Volume I
PART I EMPIRICAL RESULTS
A Micro-Results
1. Simon Johnson, Daniel Kaufmann, John McMillan and Christopher Woodruff (2000), ‘Why do Firms Hide? Bribes and Unofficial Activity after Communism’
2. Annette Mummert and Friedrich Schneider (2001), ‘The German Shadow Economy: Parted in a United Germany?’
3. Valerie Braithwaite, Monika Reinhart and Jenny Job (2005), ‘Getting On or Getting By? Australians in the Cash Economy’
B Macro-Results
4. Derek Blades (1982), ‘The Hidden Economy and the National Accounts’
5. Bruno S. Frey and Hannelore Weck-Hannemann (1984), ‘The Hidden Economy as an “Unobserved” Variable’
6. Mária Lackó (2000), ‘Hidden Economy – An Unknown Quantity? Comparative Analysis of Hidden Economies in Transition Countries, 1989–95’
7. Edgar L. Feige (1979), ‘How Big is the Irregular Economy?’
8. Gebhard Kirchgässner (1983), ‘Size and Development of the West German Shadow Economy, 1955–1980’
9. Vito Tanzi (1983), ‘The Underground Economy in the United States: Annual Estimates, 1930–80’
10. Jan Tore Klovland (1984), ‘Tax Evasion and the Demand for Currency in Norway and Sweden. Is there a Hidden Relationship?’
11. Arne Jon Isachsen and Steiner Strom (1985), ‘The Size and Growth of the Hidden Economy in Norway’
12. Dennis J. Aigner, Friedrich Schneider and Damaynanti Gosh (1988), ‘Me and My Shadow: Estimating the Size of the U.S. Hidden Economy from Time Series Data’
13. Edgar L. Feige (1994), ‘The Underground Economy and the Currency Enigma’
14. M.S.D. Bagachwa and A. Naho (1995), ‘Estimating the Second Economy in Tanzania’
C Shadow Labour Markets
15. Arne Jon Isachsen and Steinar Strøm (1980), ‘The Hidden Economy: The Labor Market and Tax Evasion’
16. Bruno Contini (1981), ‘Labor Market Segmentation and the Development of the Parallel Economy – The Italian Experience’
17. Thomas Lemieux, Bernard Fortin and Pierre Frechette (1994), ‘The Effect of Taxes on Labor Supply in the Underground Economy’
18. Colin C. Williams and Jan Windebank (1995), ‘Black Market Work in the European Community: Peripheral Work for Peripheral Localities?’
19. Enrico A. Marcelli (2004), ‘Unauthorized Mexican Immigration, Day Labour and Other Lower-wage Informal Employment in California’
PART II RELATED AREAS
A Tax Evasion, Tax Compliance
20. Michael G. Allingham and Agnar Sandmo (1972), ‘Income Tax Evasion: A Theoretical Analysis’
21. Charles T. Clotfelter (1983), ‘Tax Evasion and Tax Rates: An Analysis of Individual Returns’
22. Werner W. Pommerehne and Hannelore Weck-Hannemann (1996), ‘Tax Rates, Tax Administration and Income Tax Evasion in Switzerland’
23. James Andreoni, Brian Erard and Jonathan Feinstein (1998), ‘Tax Compliance’
24. Lars P. Feld and Bruno S. Frey (2007), ‘Tax Compliance as the Result of a Psychological Tax Contract: The Role of Incentives and Responsive Regulation’
25. Lars P. Feld and Bruno S. Frey (2005), ‘Illegal, Immoral, Fattening or What? How Deterrence and Responsive Regulation Shape Tax Morale’
B Tax Morale
26. Werner W. Pommerehne, Albert Hart and Bruno S. Frey (1994), ‘Tax Morale, Tax Evasion and the Choice of Policy Instruments in Different Political Systems’
27. Benno Torgler (2005), ‘Tax Morale in Latin America’
28. Gebhard Kirchgässner (2003), ‘Moral Aspects of Taxation’
C Government Institutions
29. Hans-Georg Petersen (1982), ‘Size of the Public Sector, Economic Growth and the Informal Economy: Development Trends in the Federal Republic of Germany’
30. Norman V. Loayza (1996), ‘The Economics of the Informal Sector: A Simple Model and Some Empirical Evidence from Latin America’
31. Jay-Pil Choi and Marcel Thum (2005), ‘Corruption and the Shadow Economy’
Name Index
