Defining and Estimating Underground and Informal Economies: The New Institional Economics Approach

@article{Feige1990DefiningAE,
  title={Defining and Estimating Underground and Informal Economies: The New Institional Economics Approach},
  author={Edgar L. Feige},
  journal={ERN: Informal Sectors \& the Underground Economy in Transitional Economies (Topic)},
  year={1990}
}
  • E. Feige
  • Published 1 July 1990
  • Economics
  • ERN: Informal Sectors & the Underground Economy in Transitional Economies (Topic)
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506 Citations
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References

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This paper examines the informal economy and its relationship to commonly held theories of industrial development. Although these theories stem from very different intellectual traditions, their…
A Re-Examination of the 'Underground Economy' in the United States; A Comment on Tanzi
This paper examines alternative specifications of a general currency ratio (GCR)model used to obtain macroeconomic estimates of the size and growth of the 'underground economy'. Tanzi's approach to…
Monetary Methods of Estimating Informal Activities in Developing Nations
This paper presents a simple monetary model for estimating the size and growth of the informal sector in developing nations. The model is empirically estimated for the Peruvian economy under a…
An idea in good currency and how it grew: The informal sector
The urban informal sector in Uruguay: Its internal structure, characteristics, and effects
The Underground Economies: Tax Evasion and Information Distortion.
Economics and Philosophy is designed to foster collaboration between economists and philosophers and to bridge the increasingly artificial disciplinary boundaries that divide them. Frequently,…
Institutions, Institutional Change and Economic Performance
Examines the role that institutions, defined as the humanly devised constraints that shape human interaction, play in economic performance and how those institutions change and how a model of dynamic…
MEASURING HOUSEHOLD ACTIVITIES: SOME INTERNATIONAL COMPARISONS
This paper focusses on macroeconomic approaches to the measurement of non‐market household work or production in industrialised countries. It details the variety of parameters involved, the choice of…
The urban informal sector
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One of the more intractable problems in the area of monetary economics is the measurement of cash payments. Whereas the stock of currency in circulation [C] is well defined and readily measured, the…
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