The Underground Economies

Tax Evasion and Information Distortion

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Hardcover | 19 June 1989

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392 Pages

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22.86 x 15.24 x 2.24

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The most disturbing aspects of the growth of underground economies are the interrelated problems of unreported and unrecorded income. A large and growing underground economy can thwart fiscal efforts to establish budget balance and may significantly undermine the veracity of a nation's economic information system. The notion that economic information is itself endogenous raises the possibility that at least part of the economic malaise observed in most Western nations during the past two decades is essentially the result of a statistical illusion. The essays in this 1989 volume examine the problems of defining, measuring and understanding the implications of the underground economies that have emerged in many of the world's developed nations. Empirical chapters examine the conceptual problems of how to measure a phenomenon that attempts to defy detection. Alternative measurement procedures are evaluated. Specific studies are included for the United States, the Netherlands, the United Kingdom, Germany, Sweden, Italy, Norway, Canada, France, the Soviet Union and Hungary.

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Non-Fiction Economics Economic Theory & Philosophy Economic History Labour Economics Accounting & Finance Finance Public Accounting in Finance Tax & Taxation Economic Systems & Structures Business & Management

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Published: 12th February 2007

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List of contributors
Preface
Introduction
The Meaning, Measurement and Policy Implications of the Underground Economies
The meaning and measurement of the underground economy
Information distortions in social systems: the underground economy and other observer - subject - policymaker feedbacks
Policy illusion, macroeconomic instability and the unrecorded economy
How large (or small) should the underground economy be?
The Underground Economy in Western Developed Nations: Measurement in Different Laboratories
Monetary perspective on underground economic activity in the United States
The unrecorded economy and the national income accounts in the Netherlands: a sensitivity analysis
Assessing the underground economy in the United Kingdom
The underground economy in the Federal Republic of Germany: a preliminary assessment
The underground economy in Sweden
The irregular economy of Italy: a survey of contributions
The hidden economy in Norway with special emphasis on the hidden labor market Arne
Canada's underground economy
The underground economy in France
The Underground Economy Under Central Planning
The Soviet second economy in a political and legal perspective
Second economy and socialism: the Hungarian experience
Bibliography
Table of Contents provided by Publisher. All Rights Reserved.

The Underground Economies

Tax Evasion and Information Distortion

At a Glance

Hardcover

Shipping

How to return your order

Defective items

You Can Find This Book In

Other Editions and Formats

Paperback

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