The shadow economy in industrial countries

Article English OPEN
Dominik H. Enste;
(2015)
  • Publisher: Bonn: Institute of Labor Economics (IZA)
  • Journal: issue February,pages1-10
  • Related identifiers: doi: 10.15185/izawol.127.v2, doi: 10.15185/izawol.127
  • Subject: informal economy | shadow economy, underground economy, informal economy, illicit work | K42 | J22 | H26 | underground economy | O17 | illicit work | shadow economy
    • jel: jel:O17 | jel:H26 | jel:J22 | jel:K42
      ddc: ddc:330

The shadow (underground) economy plays a major role in many countries. People evade taxes and regulations by working in the shadow economy or by employing people illegally. On the one hand, this unregulated economic activity can result in reduced tax revenue and public ... View more
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