Reply to Gebhard Kirchgässner

Lars Feld and Friedrich Schneider ()

German Economic Review, 2017, vol. 18, issue 1, 112-131

Abstract: In this reply to Kirchgässner, four issues are addressed: (1) the extent of double counting in attempts to reconcile estimates of the shadow economy based on the survey method and estimates based on the MIMIC (cum currency demand) approach, (2) advantages and disadvantages of the survey method, (3) of macro methods like the MIMIC approach and (4) the potential role of plausibility checks of estimates from the MIMIC approach with the survey method.

Keywords: Shadow economy; model approach; currency demand approach; survey method (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (4)

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DOI: 10.1111/geer.12097

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