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Exploring the Underground Economy


  • Susan Pozo
    (Western Michigan University)


Tax evasion. Illegal drugs. Overseas holdings of U.S. currency. Crime. What these issues have in common is their contribution to the underground economy, that multi-billion dollar entity prospering unofficially outside the realm of the conventional economy. Individually, the six contributors to this volume each provide a detailed examination of specific segments of the underground economy including its participants, attempts at measurement, and policy responses. Taken together, the essays offer a thorough overview that emphasizes the importance and magnitude of one of the largest economies in the world.

Suggested Citation

  • Susan Pozo (ed.), 1996. "Exploring the Underground Economy," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number eue, November.
  • Handle: RePEc:upj:ubooks:eue
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    More about this item


    tax evasion; crime; illegal drugs; u.s. currency; underground economy; black market;
    All these keywords.

    JEL classification:

    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance


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