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The Underground Economies - Tax Evasion and Information Distortion (Paperback, New ed)
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The Underground Economies - Tax Evasion and Information Distortion (Paperback, New ed)
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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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