TY - RPRT AU - Schneider, Friedrich TI - The Shadow Economy and Shadow Labor Force: A Survey of Recent Developments PY - 2014/Jun/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 8278 UR - https://www.iza.org/publications/dp8278 AB - This survey presents the various methods to estimate the size of the shadow economy, their strengths and weaknesses and the estimation results. The purpose of the survey is threefold. Firstly, it demonstrates that no ideal method to estimate the size and development of the shadow economy exists. Because of its flexibility, the MIMIC method used to get macro-estimates of the size of the shadow economy is discussed in greater detail. Secondly, the paper focuses on the definition and causal factors of the shadow economy as well as on a comparison of the size of the shadow economy using different estimation methods. Thirdly, estimations of the size of the shadow economy and shadow labor force are presented and discussed. KW - shadow economy estimates KW - shadow labor force KW - MIMIC approach KW - methods to estimate the shadow economy KW - advantages and disadvantages of the measurement methods KW - shadow labor force and unemployment KW - micro studies on shadow labor force ER -