This thesis analyzes the estimation procedures and policy implications of an underground economy. In completing this task, we reviewed the techniques developed by Gutmann, Ferge, Tanzi, and others. Further attention was also given to the estimation processes, such as the survey approaches, used by various governments. / In analyzing the policy implications of an underground economy, we examined the effects of fiscal and monetary policy, the aggregate statistics, the exchange rate, and other equally important indicators. We concluded that the consequences of a large and growing submerged sector can be devastating to the economic variables. / Finally, this paper attempts to examine the Canadian underground economy. However, since the studies performed on the Canadian underground economy are limited, the task of both reviewing the literature, and determining the Canadian policy implications was perplexing. We concluded that there is a definite need for further study of the Canadian hidden sector.
| Identifer | oai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:QMM.60089 |
| Date | January 1991 |
| Creators | Smith, Collin E. |
| Publisher | McGill University |
| Source Sets | Library and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada |
| Language | English |
| Detected Language | English |
| Type | Electronic Thesis or Dissertation |
| Format | application/pdf |
| Coverage | Master of Arts (Department of Economics.) |
| Rights | All items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated. |
| Relation | alephsysno: 001237383, proquestno: AAIMM67828, Theses scanned by UMI/ProQuest. |
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