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Measuring the Size of the Shadow Economy
Authors:Friedrich Schneider professor  Markus Hofreither Lecturer
Institution:Economics at the Johannes Kepler University of Linz He was formerly an Associate Professor at the University of Aarhus (Denmark) and a Visiting Associate Professor at the Carnegie-Mellon University (USA) He has written articles on politico-economic models fiscal illusion experimental economics, interest group behaviour and social security policies;Economics at the Johannes Kepler University of Linz. His research includes the economics of working-time, fiscal policy tax evasion and macroeconometric policy simulations. He received his doctorate in 1984
Abstract:Early issues of Economic Affairs contained an exchange of views on the size and development of the black economy, concentrating chiefly on the UK. Friedrich Schneider and Markus Hofreither, of the University of Linz, continue the debate with an examination of the methods used to analyse the underground or 'shadow' economy in many Western countries.
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