Search results for ""author friedrich schneider""

The shadow economy (also known as the black or underground economy) covers a vast array of trade, goods and services that are not part of the official economy of a country. This original and comprehensive Handbook presents the latest research on the size and development of the shadow economy, which remains an integral component of the economies of most developing and many developed countries. The volume explores the driving forces behind the shadow economy and highlights important regional variations. The expert authors address the whole spectrum of issues including tax moral, government institutions, corruption and illicit work. Importantly the book also examines recent progress in how the shadow economy is measured and estimated. This well-documented and authoritative study will appeal to economists and researchers, as well as academics and students in the fields of economics, political science and social science. It will also be of interest to anyone seeking a comprehensive investigation into the workings of shadow economy.

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This two-volume set brings together a selection of key articles which examine the shadow economy and its relationship with underground activities. The set contains important work on surveys and conceptual considerations, theoretical approaches and policy implications. It further focuses on the empirical results of studies into the shadow economy, and considers tax evasion, tax compliance, tax morale and government institutions. This authoritative publication will be of interest to anyone seeking a comprehensive investigation into the shadow economy.

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In this major book an internationally acclaimed group of scholars examines theoretical and applied topics of particular relevance to public choice analysis.Current Issues in Public Choice demonstrates the fruitfulness and originality of the Public Choice School. These twelve papers have been prepared by some of the most prominent scholars in economic science, including James M. Buchanan, Amartya K. Sen, Bruno S. Frey, Jon Elster, Geoffrey Brennan and Gordon Tullock. Specific areas covered include the foundations of public choice theory, its scope and method, constitutional economics, game theory, rent-seeking, the European Union, public finance and the theory of societal economics.The pioneering research, theory and analysis brought together in this volume will be widely and profitably used by economists, political scientists and public and social choice scholars seeking insight into fundamental theoretical issues and applied analyses on current affairs.

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This book makes a valuable, analytical contribution to recent debates on the ongoing institutional changes occurring within the European Union. It provides a comprehensive and diverse insight into a variety of areas, including in-depth studies of fiscal, monetary and voting issues, to help elucidate the current period of transitional change.The authors argue that a fiscal constitution is essential to help solve the deficits and debts that member countries face due to welfare state financing. Moreover, they believe that the successful implementation of a fiscal constitution is the key to a more coherent institutional setting for Europe as a whole. Although monetary institutions within the EU have already secured a degree of constitutional solution in the form of the euro, they warn that its stabilising power should not be overestimated: the European Central Bank has yet to experience financial crises like those faced by the Federal Reserve Bank. The authors move on to propose a new parliamentary design for Europe and assess the advantages for the elite of a small country to join the EU, compared to the population at large. This volume comprehensively explores the rapidly changing institutional configuration of the EU, employing both qualitative and quantitative approaches. It will be required reading for scholars of public choice, and those with an interest in political economy and EU integration. It is also an excellent sourcebook on European institutions and would provide useful complementary reading in a variety of undergraduate and postgraduate courses.

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The shadow economy has become the focus of policy makers around the world. This timely book explores the relationship between entrepreneurship and the shadow economy, by reviewing how to measure, explain and tackle this hidden enterprise culture. The editors bring together leading authorities in the field to examine existing methods to measure shadow economy, explore entrepreneurship and shadow economy practices in various contexts, and provide policy suggestions for decreasing the shadow economy. It concludes by encouraging further research in this ever-growing field. Students and scholars in the field of entrepreneurship and the shadow economy will find this book to be of use to their work. It will also be of use to those in disciplines, such as sociology, economics and global studies, as well as practitioners in the field of public policy.Contributors: Y. Abdih, J.E. Amoros, A. Chepurenko, J.P. Couyoumdjian, O. Cristi, E. Denisova-Schmidt, I.A Horodnic, L. Medina, M. Minniti, Y. Prytula, T.J. Putnins, A. Sauka, F. Schneider, M. Virtanen, C.C. Williams, J. Windebank

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This book brings together two leading researchers in the field to provide a comprehensive overview of the shadow economy from a global perspective. Reviewing the advantages and disadvantages of different ways of measuring the informal sector, the authors evaluate its size and key determinants across the world. Williams and Schneider clearly establish the persistence and prevalence of the shadow economy, analysing the narrowness of existing policy approaches and explaining how these fail to address the key factors for its existence and may even exacerbate the problem.Proposing an alternative way forward, the authors argue that little headway will ever be made in reducing the shadow economy until there are changes not only to the character of formal institutions but also informal institutions (the values, beliefs and norms of citizens) through the introduction of macro-level structural changes.This timely, cutting-edge review of the global shadow economy and how it can be measured and tackled is an invaluable resource for postgraduate students, researchers and policy-makers, particularly those with a interest in tax evasion and informal labour.

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Measurement of the shadow economy is notoriously difficult as it requires estimation of economic activity that is deliberately hidden from official transactions. Surveys typically understate the size of the shadow economy but econometric techniques can now be used to obtain a much better understanding of its size. The shadow economy constitutes approximately 10 per cent of GDP in the UK; about 14 per cent in Nordic countries and about 20 - 30 per cent in many southern European countries. The main drivers of the shadow economy are (in order): tax and social security burdens, tax morale, the quality of state institutions and labour market regulation. A reduction in the tax burden is therefore likely to lead to a reduction in the size of the shadow economy. Indeed, a virtuous circle can be created of lower tax rates, less shadow work, higher tax morale, a higher tax take and the opportunity for lower rates. Of course, a vicious circle in the other direction can also be created.

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