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9781107034846

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Advance praise: 'This second edition (incorporating the most recent data) is highly recommended; it is THE book on the shadow economy.' Bruno S. Frey, Distinguished Professor of Behavioural Science, University of Warwick 'Shadow economy hides behind official labor and business. Boundaries between the official and unofficial economy are fuzzy and research scholars engage in lively debates about the validity of methods to estimate the size of shadow economy. This book provides an excellent theoretical frame to investigate shadow economy from a socio-economic perspective and highly relevant empirical data which allow (the reader) to draw practical conclusions for political interventions to combat growing economic crime.' Erich Kirchler, University of Vienna 'The authors ingeniously measure the non-measurable and remove the shadows from our economies. Great research, great book.' Hans-Werner Sinn, President, Ifo Institute for Economic Research 'The welfare of nations cannot be judged without understanding the size of the informal sector. This extremely valuable contribution provides a rigorous treatment of the subject and will become the standard reference book of the shadow economy.' Klaus F. Zimmermann, University of Bonn and Director of IZA, the Institute for the Study of Labor

'This second edition (incorporating the most recent data) is highly recommended; it is THE book on the shadow economy.' Bruno S. Frey, Distinguished Professor of Behavioural Science, University of Warwick 'Shadow economy hides behind official labor and business. Boundaries between the official and unofficial economy are fuzzy and research scholars engage in lively debates about the validity of methods to estimate the size of shadow economy. This book provides an excellent theoretical frame to investigate shadow economy from a socio-economic perspective and highly relevant empirical data which allow (the reader) to draw practical conclusions for political interventions to combat growing economic crime.' Erich Kirchler, University of Vienna 'The authors ingeniously measure the non-measurable and remove the shadows from our economies. Great research, great book.' Hans-Werner Sinn, President, Ifo Institute for Economic Research 'The welfare of nations cannot be judged without understanding the size of the informal sector. This extremely valuable contribution provides a rigorous treatment of the subject and will become the standard reference book of the shadow economy.' Klaus F. Zimmermann, University of Bonn and Director of IZA, the Institute for the Study of Labor

Author Information

Friedrich Schneider is Professor of Economics of the Johannes Kepler University of Linz, Austria. He was the European editor of Public Choice from 1991 to 2004 and he has published extensively in leading economic journals including The Quarterly Journal of Economics, The American Economic Review, The Economic Journal and Kyklos. Dominik H. Enste is Head of the Department of Institutional and Behavioral Economics at the Cologne Institute for Economic Research. He is also Professor of Economics and Ethical and Behavioral Economics at the University of Applied Science and Lecturer at the University of Cologne. His main research focuses on institutional and ethical economics/business ethics and behavioral economics. He has published several books and articles, in publications such as The Journal of Economic Literature and Constitutional Political Economy.

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