Since the turn of the millennium, a small but growing stream of the entrepreneurship literature has drawn attention to how a large proportion of entrepreneurs start-up their enterprises operating in the hidden economy on a wholly or partially off-the-books basis. This paper evaluates critically...

PurposeThis paper evaluates critically the assumption that the main reason for acquiring domestic services from the off-the-books economy is to save money. MethodologyData is reported from an Internet survey of 5,500 people living in households with one or more members in employment in the city...

PurposeUntil now, in the absence of direct survey data, economists have had to rely on indirect methods that employ proxy indicators to evaluate the size of the shadow economy. In this paper, however, the results of the first direct survey of business perceptions of the magnitude of the shadow...

This paper evaluates critically the contrasting theories of the nature of the shadow economy that variously read this sector as a leftover of pre-capitalism, a by-product of a new emergent form of capitalism, a complement to formal employment or an alternative to the formal economy. Until now,...

Despite the growing recognition that many businesses start-up trading on a partially or wholly off-the-books basis, there has been little investigation of whether the prevalence and character of this hidden enterprise culture varies spatially. The aim of this paper is to start to fill that gap....

To evaluate whether and how the prevalence and nature of off-the-books entrepreneurship varies across deprived and affluent neighborhoods in an advanced economy, face-to-face interviews are here reported conducted with 511 households in English affluent and deprived urban neighborhoods. The...

The impact of fiscal policy on economic activity is still a matter of great debate. And, ever since Keynes first commented on it, interwar Britain, 1918- 1939, has remained a particularly contentious case | not least because of its high debt environment and turbulent business cycle. This debate...

The impact of fiscal policy on economic activity is still a matter of great debate. And, ever since Keynes first commented on it, interwar Britain, 1918- 1939, has remained a particularly contentious case | not least because of its high debt environment and turbulent business cycle. This debate...