A large part of all economic activity is invisible and unrecognised within conventional economic statistics. "Manifesting the Invisible Economy" summarises the central argument of Jonathan Gershuny's forthcoming book Time Work and Well-being. It uses time diary evidence as the basis for a complete National Accounting of all consumption of the total of the outputs of both money-based and non-money-based economic activity. In parallel it deploys exactly the same time-use data in separate estimates of the consequences of both work and consumption for populations' health and happiness.
Manifesting the invisible economy (pdf)
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