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Issues in the Hidden Economy—A Survey

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  • MICHAEL CARTER

Abstract

This paper discusses a number of questions concerning the so‐called hidden economy. What is the hidden economy? How big is it? Is it really growing? Does it matter? What should we do about it? The paper is not an exhaustive survey of the literature on the hidden economy. Its objective is more modest ‐ namely to present an overview of the state of research, identify the major themes and issues and provide a framework for further work.

Suggested Citation

  • Michael Carter, 1984. "Issues in the Hidden Economy—A Survey," The Economic Record, The Economic Society of Australia, vol. 60(3), pages 209-221, September.
    • Handle: RePEc:bla:ecorec:v:60:y:1984:i:3:p:209-221
    DOI: 10.1111/j.1475-4932.1984.tb00856.x
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    File URL: https://doi.org/10.1111/j.1475-4932.1984.tb00856.x
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    References listed on IDEAS

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    1. F. H. Gruen, 1982. "The Welfare Expenditure Debate: Economic Myths of the Left and the Right," The Economic Record, The Economic Society of Australia, vol. 58(3), pages 207-223, September.
    2. Philip Cagan, 1958. "The Demand for Currency Relative to Total Money Supply," NBER Chapters, in: The Demand for Currency Relative to Total Money Supply, pages 1-37, National Bureau of Economic Research, Inc.
    3. Kendrick, John W, 1979. "Expanding Imputed Values in the National Income and Product Accounts," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 25(4), pages 349-363, December.
    4. Edgar L. Feige, 1979. "How Big Is the Irregular Economy?," Challenge, Taylor & Francis Journals, vol. 22(5), pages 5-13, November.
    5. Frey, Bruno S & Weck, Hannelore, 1983. "Estimating the Shadow Economy: A 'Naive' Approach," Oxford Economic Papers, Oxford University Press, vol. 35(1), pages 23-44, March.
    6. Andrew Dilnot & C. N. Miller, 1981. "What do we know about the black economy?," Fiscal Studies, Institute for Fiscal Studies, vol. 2(1), pages 58-73, March.
    7. John W. Kendrick, 1979. "Expanding Imputed Values In The National Income And Product Accounts," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 25(4), pages 349-363, December.
    8. Gruen, F H, 1982. "The Welfare Expenditure Debate: Economic Myths of the Left and the Right," The Economic Record, The Economic Society of Australia, vol. 58(162), pages 207-223, September.
    9. Robert Eisner, 1978. "Total Incomes In The United States, 1959 And 1969," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 24(1), pages 41-70, March.
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    Cited by:

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