Measuring the Global Shadow Economy ─ The Prevalence of Informal Work and Labour

This volume describes methods for measuring informal work not declared for tax, social security, or labor law purposes. It outlines measurement methods used to evaluate the extent and nature of the shadow economy and shadow labor force, both indirect methods and direct survey methods; the findings of the MIMIC (model approach and multiple causes and multiple indicators) indirect measurement method in terms of the shadow economy of 162 developing and transition economies from 1999 to 2007 and across OECD (Organisation for Economic Co-operation and Development) countries; the results of direct survey methods using International Labour Organization data and the 2007 Eurobarometer survey across 27 European countries; and policy approaches to the shadow economy. Annotation c2016 Ringgold, Inc., Portland, OR (protoview.com)

Colin C. Williams, Professor of Public Policy, Management School, University of Sheffield, UK and Friedrich Schneider, Professor of Economics, Johannes Kepler University of Linz, Austria