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How well do the Stats capture "self employment" and is there any decent data on the "black" economy?

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
by ChrisCook (cojockathotmaildotcom) on Fri Aug 31st, 2007 at 07:06:00 AM EST
[ Parent ]
There cannot be "decent" data on the underground economy, almost by definition. It must all be inferred and estimated from other indicators.

Can the last politician to go out the revolving door please turn the lights off?
by Migeru (migeru at eurotrib dot com) on Fri Aug 31st, 2007 at 07:08:20 AM EST
[ Parent ]
I know that!

Money laundering (the law enforcement side!) used to be one of my "Day jobs" as the IPE "exchange policeman", and before that, I was clearing out some of the crooks from the commodity markets in the AFBD (before it was rolled into the FSA), and before THAT in fraud investigation for the DTI.....

All right then: what inferred and estimated data is there?

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Fri Aug 31st, 2007 at 07:16:25 AM EST
[ Parent ]
Self employment is a category if you look at the detailed statistics.

After employment to population the next step is to look at full or part time (big difference between UK and France for example). Then look at hours worked and then at work income.

by Laurent GUERBY on Fri Aug 31st, 2007 at 03:47:48 PM EST
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