The Non-Observed Economy (NOE) vs. the Shadow Economy (SE) display large discrepancies throughout the European Union transition countries, in particular in Poland. A tractable taxonomy of unobserved activities is designed according to both definition and scope. Direct measurements from tax...

"Illicit work, social security fraud, economic crime, and other shadow economy activities are fast becoming an international problem. This second edition uses new data to reassess currency demand and the model approach to estimate the size of the shadow economy in seventy-six developing,...