Invisible, Outlawed, and Untaxed: America's Underground Economy (Hardcover) (ISBN-13: 9780275945077)

This work examines America's growing underground economy--its size, nature, and economic effects. The study begins with a critical analysis of the various methods used for measuring the size of the underground economy in the United States. It then develops a definition of the underground economy which is consistent with our system of national accounts. A sector-by-sector approach is used to measure the actual size of this sub-economy and to estimate the labor force involved. Finally, the author explores the economic consequences for the general economy of significant underground economic activity--for example: tax evasion, economic efficiency, and cyclical aspects.

This work will be of interest to scholars, students, and policy-makers in economics, economic policy, political science, and criminology.

Author: Harry I. Greenfield
ISBN-10: 0275945073
ISBN-13: 9780275945077
Publisher: Praeger
Language: English
Published: 04/20/1993
Pages: 152
Format: Hardcover
Weight: 0.72lbs
Size: 8.50h x 5.50w x 0.44d