Verkkothis volume explores the nature, meaning, measurement, and implications of the still largely uncharted domain of economic activity that has come to be known by the. Verkkohow big is the underground economy? Estimates vary widely, but some put the underground economy between 6. 4% and 12% of u. s. Verkkofind out how the underground or shadow economy can affect the accuracy of the calculation of a country's gross domestic product (gdp). Verkkousing the ces data, this part demonstrates that a household's statement of both its consumption expenditures and its income can be used to elucidate the deficiencies. Verkkothe underground economy refers to economic transactions that are deemed illegal, either because the goods or services traded are unlawful in. Verkkobut for many people living in concentrated poverty, the underground economy is a lifeline to grab when individuals, families and entire communities are in a social and. We address this question by studying the impact of craigslist, a website providing classified.
