A Comparison of Different Methods of Estimating the Size of the Shadow Economy

Friedrich Schneider () and Stefan D. Haigner

World Economics, 2019, vol. 20, issue 3, 63-94

Abstract: This paper describes and criticizes the MIMIC estimation method due to a double counting problem; a correction is suggested. The measurement methods used for National Accounts Statistics are discussed – the discrepancy method and two new micro survey methods – are described and a third, a micro method, using a combination of company manager surveys and their knowledge to calibrate the size of the shadow economy in firms, is presented. A detailed comparison of the four micro estimation methods with the MIMIC and the corrected MIMIC method are offered. One major result is that the corrected MIMIC method, especially, comes quite close to various types of lately developed micro survey methods.

Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.worldeconomics.com/Journal/Papers/Article.details?ID=750 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wej:wldecn:750

Access Statistics for this article

More articles in World Economics from World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE
Bibliographic data for series maintained by Ed Jones ().