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The Uk'S Unobserved Economy: A Preliminary Assessment

Author

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  • Edgar L. Feige

    (University of Wisconsin-Madison)

Abstract

This paper examines the available evidence on the size the UK’s underground (unobserved) economy and presents preliminary evidence on the size and growth of the unobserved economy for the period 1960-1980 based on Feige’s transaction approach. Reference: Journal of Economic Affairs, Vol.1 No.4 July, 1981, pp. 205-212.

Suggested Citation

  • Edgar L. Feige, 2005. "The Uk'S Unobserved Economy: A Preliminary Assessment," Macroeconomics 0502012, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpma:0502012
    Note: Type of Document - pdf; pages: 7
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0502/0502012.pdf
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    Cited by:

    1. Nguyen, Thi Minh Hieu & Nguyen, Thi Huong Giang & Vu, Thi Minh Ngoc & Nguyen, Viet Duc, 2013. "Whether or not the informal economy as an engine for poverty alleviation in Vietnam," MPRA Paper 48378, University Library of Munich, Germany.
    2. Roberto Dell'Anno & Offiong Helen Solomon, 2008. "Shadow economy and unemployment rate in USA: is there a structural relationship? An empirical analysis," Applied Economics, Taylor & Francis Journals, vol. 40(19), pages 2537-2555.

    More about this item

    Keywords

    UNDERGROUND ECONOMY; UNOBSERVED ECONOMY; TRANSACTIONS METHOD; DISCREPANCY MEASURES.;

    JEL classification:

    • E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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