In this paper, first, the MIMIC estimation method is described and criticized and due to a double counting problem a correction is suggested. Second, the measurement methods used for National Accounts Statistics - the discrepancy method and two new micro survey methods - are described and a...

Recommended readings (Machine generated): Bruno S. Frey and Werner W. Pommerehne (1984), 'The Hidden Economy: State and Prospects for Measurement', Review of Income and Wealth, 30 (1), March, 1-23 -- Ann D. Witte (1987), 'The Nature and Extent of Unrecorded Activity: A Survey Concentrating on...

In this short paper an attempt is undertaken to calculate the tax losses which result from shadow economy activities in a country. These calculations are done for the 28 EU countries, for 3 non-EU countries and for 2 other highly-developed OECD countries. The total tax losses over all 28...

This comment provides a reply to Prof. Feige's paper with the title "Reflections on the Meaning and Measurement of Unobserved Economies: What do we really know about the 'Shadow Economy'?", in which Prof. Feige heavily criticizes me. I show that the same critique which Prof. Feige raises against...