Professor of Economics · Boğaziçi University

Ceyhun Elgin

Ph.D. in Economics, University of Minnesota, 2010. My research focuses on macroeconomics, growth and development, the informal (shadow) economy, public economics and political economics.

  • Macroeconomics
  • Growth & Development
  • Informal (Shadow) Economy
  • Public Economics
  • Political Economics
Ceyhun Elgin
Affiliation
Boğaziçi University, Department of Economics
Doctorate
University of Minnesota, 2010
Office
Bebek, 34342 Beşiktaş / İstanbul
126Publications
5Books
4Universities
120+DOI / Source Links

Books

Edited Volume · Routledge, 2024

Routledge Handbook of the Informal Economy

Editor — New York: Routledge

Monograph · Routledge, 2021

The Informal Economy: Measures, Causes, and Consequences

New York: Routledge

Projects & Media

YouTube · Türkçe

Informal Economics

YouTube channel on economics, in Turkish.

Watch on YouTube →

Publications

126 journal articles, book chapters and books — grouped by year. Click a year to expand.

202610
  1. The Economic Unconscious: Towards a Psychoanalytic Macroeconomics. Forthcoming in Cambridge Journal of Economics.
  2. Green Finance and the Informal Economy: How ESG Capitalism Excludes the Global South's Working Majority. Forthcoming in Competition & Change.
  3. The Patrimonial State and the Informal Economy (with Adem Y. Elveren and Eric Budd). Forthcoming in Journal of International Development.
  4. Informal Adaptations in Restructuring Supply Chains: Worker Responses to Geopolitical Decoupling. Journal of Industrial Relations, forthcoming. ↗
  5. Informal Coping Strategies Among Platform Workers: Institutional Voids and Worker Agency in Bulgaria. Zeitschrift für Sozialreform, forthcoming.
  6. Global Militarization and Sustainable Development: Long-Run Trends and Trade-Offs (with Gokcer Ozgur). Routledge Handbook of Defence Economics, Ch. 21.
  7. The Role of Informality in Shaping Economic Policy Integration. Revue Interventions économiques, 75. ↗
  8. Beyond Green Capitalism: Informal Economies, Communitarian Societies, and Heterodox Pathways to Environmental Justice in the Global South. Review of Radical Political Economics, forthcoming. ↗
  9. Military Spending and Growth: Empirical Evidence from a Post-Keynesian Model (with Adem Y. Elveren and Ünal Töngür). Forthcoming in Defence and Peace Economics. ↗
  10. Visual Attention to Economic Information in Simulated Ophthalmic Deficits: A Remote Eye-Tracking Study (with Cansu Y. Elgin). Journal of Eye Movement Research, 18(5), 50. ↗
202517
  1. Vom Postsozialismus zum Neofaschismus? Informalität und das Scheitern zivilgesellschaftlicher Alternativen in Ostdeutschland, Polen und Russland. Das Argument, 344, 70–90. ↗
  2. Auction Structure and Court-Ordered Real Estate Sale Outcomes: Evidence from Co-Ownership Dissolution Cases in Turkey. European Journal of Law and Economics, 60, 55–80. ↗
  3. Beyond Vision: Economic Toll of Untreated Mental Health Disorders in Ophthalmic Patients (with Cansu Yüksel Elgin). BJPsych Open, 11(6): e246. ↗
  4. The Effect of Informality on Profit Rates: The Role of Feminization of Labor (with Adem Y. Elveren and Ünal Töngür). Forthcoming in Journal of Post Keynesian Economics. ↗
  5. The Impact of Manufacturing Origin on Covid-19 Vaccine Perceptions: A Vignette Study from Türkiye (with Hatime Kamilçelebi). Društvena istraživanja: Journal for General Social Issues, 34(3), 327–348. ↗
  6. Trade Linkages and Disconnects: The Role of Informality in Shaping Economic Policy Integration. Forthcoming in Interventions économiques / Papers in Political Economy.
  7. Academic Freedom Across Liberal Arts Colleges in Europe. Journal of Higher Education Policy and Leadership Studies, 6(1), 199–210. ↗
  8. A Multi-Level Futures Analysis of European Teleophthalmology through 2040: Development and Application of a Conceptual Framework for Healthcare Transformation (with Cansu Yuksel Elgin). European Journal of Futures Research, 13. ↗
  9. Galbraith's Theory of Social Balance and Informal Economy: Evidence from Global Data (with Adem Y. Elveren). Forthcoming in Journal of Economic Issues.
  10. In Their Eyes: Parental Experiences Navigating Pediatric Glaucoma Diagnosis, Treatment, and Care in Turkey — A Qualitative Study (with Cansu Y. Elgin). BMC Pediatrics, 25(444). ↗
  11. Fostering Critical Inquiry: Radical Pedagogies in Teaching the Economics of the COVID-19 Pandemic. Real-World Economics Review, 110, 98–111. ↗
  12. The Philosophical Erosion of Authentic Belief in Ideological Dictatorships and the Fragility of Inner Circles. The Annals of the University of Bucharest, Philosophy Series, 73(2). ↗
  13. Anticipatory Macroeconomic Governance: Exploring Future-Oriented Strategies for Economic Resilience and Sustainability. European Journal of Futures Research, 13(4). ↗
  14. IMF Standby Agreements and Inequality: The Role of Informality (with Adem Y. Elveren). Forthcoming in Review of Development Economics. ↗
  15. Countercyclical Economic Policy Response During COVID-19. Forthcoming in Economic Systems. ↗
  16. An Evaluation and Comparative Analysis of Fiscal and Macrofinancial Policies during the COVID-19 Pandemic: The Case of Bulgaria in the Balkan Context (with Adem Y. Elveren). Economic Studies Journal, (1), 89–112. ↗ ↗
  17. Informality and Female Labor Income Share (with Adem Y. Elveren and Ünal Töngür). Ankara Üniversitesi SBF Dergisi, 80(1), 1–24. ↗
202417
  1. Routledge Handbook of the Informal Economy (Editor). New York: Routledge. ↗
  2. Shadow Economy Over the Business Cycle: How Do Formal and Shadow Cycles Interact? (with Serdar Birinci). In Routledge Handbook of the Informal Economy (pp. 213–229), Routledge. ↗
  3. Provincial Estimates of Informality: Example from Turkey (with G. Öz Yalaman). In Routledge Handbook of the Informal Economy (pp. 230–249), Routledge. ↗
  4. Access to Finance and Size of the Informal Sector (with T. Göksel and B. Kimsanova). In Routledge Handbook of the Informal Economy (pp. 343–355), Routledge. ↗
  5. Examining the Determinants of Average Hours Worked: A Cross-Country Analysis (with D. Gültepe). In Routledge Handbook of the Informal Economy (pp. 72–80), Routledge. ↗
  6. Tax Morale: Model-Based Estimates (with G. Öz Yalaman). In Routledge Handbook of the Informal Economy (pp. 418–433), Routledge. ↗
  7. Democracy and Fiscal-Policy Response to COVID-19 (with Sezer Yaşar). Public Choice, 198, 25–45. ↗
  8. Ethical Implications of AI-Driven Clinical Decision Support Systems on Healthcare Resource Allocation: A Qualitative Study of Healthcare Professionals' Perspectives (with Cansu Y. Elgin). BMC Medical Ethics, 25: 148. ↗
  9. Integrating Ophthalmic Care into the Circular Bioeconomy (with Cansu Y. Elgin). Cleaner and Circular Bioeconomy, 9: 100128. ↗
  10. Balancing Act: The Political Economy of Euro Adoption in the Balkans (with Kerem Cantekin). In Book of Proceedings: Navigating Complexity and Change in the Balkans, 151–166. ↗
  11. Unpacking the Economic Impact of Tourism: A Multidimensional Approach to Sustainable Development (with Adem Y. Elveren). Journal of Cleaner Production, 478(1): 143947. ↗
  12. Political Appointments to Rector Positions: A Shifting Landscape in Turkish Academia. Discover Education, 3(110). ↗
  13. Wage-Productivity Gap and Discrimination against Syrian Refugees: Evidence from Turkey (with Adem Y. Elveren). Economic and Labour Relations Review, 35(2), 243–255. ↗
  14. Corporate Social Responsibility: Formal versus Informal Firms. Corporate Social Responsibility and Environmental Management, 31(2), 776–783. ↗
  15. Central Bank Independence and Inflation under Asymmetric Information: Delegation vs. Seesaw Effects (with Oğuz Öztunalı). Journal of Central Banking Theory and Practice. ↗
  16. Novel Methods of Identifying Individual and Neighborhood Risk Factors for Loss to Follow-Up after Ophthalmic Screening. Journal of Glaucoma, 33(4), 288–296. ↗
  17. Salary Negotiations: Gender Differences in Attitudes, Priorities and Behaviors of Ophthalmologists. American Journal of Ophthalmology, 257, 154–164. ↗
20233
  1. Economic Stimulus Measures during the Pandemic: The Role of Fiscal Decentralization (with Abdullah Yalaman and Sezer Yaşar). Cambridge Journal of Regions, Economy and Society, 16(1), 167–184. ↗
  2. Measuring Green Technology Adoption across Countries (with Gokcer Ozgur and Kerem Cantekin). Sustainable Development, 31(1), 1–11. ↗
  3. Evaluating the Effectiveness of Labor Market Interventions on Reducing the Impact of the COVID-19 Pandemic (with Gamze Öz Yalaman and Colin Williams). Review of Development Economics, 27(1), 352–374. ↗
20227
  1. Neighborhood-Level Social Determinants of Health and Follow Up. Investigative Ophthalmology & Visual Science, 63(7), 2797-A0127. ↗
  2. Validation of the New York University Langone Eye Test Application, a Smartphone-Based Visual Acuity Test. Ophthalmology Science, 2(3): 100182. ↗
  3. Military Spending and Sustainable Development (with Gokcer Ozgur, Adem Y. Elveren and Gül Dertli). Review of Development Economics, 26(3), 1466–1490. ↗
  4. Evolution of the Relationship between Incarceration and the Labor Market in the United States, 1945–2016 (with Kerem Cantekin and Adem Y. Elveren). Journal of Social, Political, and Economic Studies, 47(1–2). ↗
  5. Fiscal Stimulus Packages to COVID-19: The Role of Informality (with Colin C. Williams, Gamze Öz-Yalaman and Abdullah Yalaman). Journal of International Development, 34(4), 861–879. ↗
  6. Marginal Cost of Public Funds under the Presence of Informality (with T. Türk and O. Torul). Review of Public Economics, 241, 79–103. ↗
  7. Persistency of Military Spending and Fiscal Policy Responses to Covid-19 (with Kerem Cantekin and Adem Y. Elveren). Forthcoming in Critical Military Studies. ↗
202115
  1. The Informal Economy: Measures, Causes, and Consequences. New York: Routledge. ↗
  2. Risky Choices from a Natural Experiment in Turkey (with O. Torul and E. Aydoğdu). Journal of Behavioral and Experimental Economics, 92: 101685. ↗
  3. Pigouvian Exploitation, Informality, and Economic Growth: Theory and Evidence. Efil Journal of Economics Research, 4(3). ↗
  4. Understanding the Informal Economy: Concepts and Trends (with A. Kose, F. Ohnsorge and S. Yu). In The Long Shadow of Informality (Ed. F. Ohnsorge and S. Yu), World Bank. ↗
  5. Growing Apart or Moving Together? Synchronization of Informal- and Formal-Economy Business Cycles (with A. Kose, F. Ohnsorge and S. Yu). In The Long Shadow of Informality (Ed. F. Ohnsorge and S. Yu), World Bank. ↗
  6. Velocity of Money and the Shadow Economy (with E. İyidost). Forthcoming in Applied Economics Letters. ↗
  7. Informality, Inequality, and Feminization of Labor. Women's Studies International Forum, 88: 102505. ↗
  8. Economic Policy Responses to the COVID-19 Pandemic: The Role of Central Bank Independence. Economics Letters, 204: 109874. ↗
  9. Economic Policy Responses to Covid-19: The Case of EU and non-EU Mediterranean Countries (with Gökçe Başbuğ). CMI-FEMISE COVID-19 Med Briefs. ↗
  10. Foreign Direct Investment, Informality, and Technology Transfer. Review of Development Economics, 25(2), 994–1015. ↗
  11. Cross-Country Evidence on the Association between Contact Tracing and COVID-19 Case Fatality Rates (with Abdullah Yalaman, Alison Galvani and Gökçe Başbuğ). Scientific Reports, 11: 2145. ↗
  12. Informality, Inequality, and Profit Rates (with Adem Y. Elveren and Joseph Bourgeois). 28(12), 1017–1020. ↗
  13. Gender Compensation Gap for Ophthalmologists in the First Year of Clinical Practice. Ophthalmology, 128(7), 971–980. ↗
  14. Kayıt Dışı Ekonomi: Yerli Üretim için Engel mi Fırsat mı? In Türkiye'nin Yerli Üretimi ve Politik Ekonomisi, İstanbul Bilgi Üniversitesi Yayınları. ↗
  15. Financing the Welfare State in Turkey (with K. Cantekin and A. Y. Elveren). In Financing Welfare State Systems in Asia (Ed. Christian Aspalter), New York: Routledge. ↗
202010
  1. Economic Stimulus Packages as a Response to the Covid-19 Pandemic: A Comparison and the Case of Turkey. Istanpol Policy Paper 2020-08 (in Turkish). ↗
  2. COVID-19 Pandemisinin Yol Açtığı Ekonomik Krize Karşı Açıklanan Ekonomik Teşvik Paketleri: Bir Karşılaştırma ve Türkiye Örneği (with Abdullah Yalaman). In Salgın Ekonomisi (Ed. Ömer Faruk Çolak), Efil Yayınevi. ↗
  3. Economic Policy Responses to a Pandemic: Developing the COVID-19 Economic Stimulus Index (with Abdullah Yalaman and Gökçe Başbuğ). Covid Economics: Vetted and Real-Time Papers, 3, 40–54. ↗
  4. Teaching Economics of COVID-19. World Economics Association: Commentaries, 10(3), 10–12. ↗
  5. Is Informality a Barrier to Sustainable Development? (with Gokcer Ozgur and Adem Y. Elveren). Sustainable Development, 29(1), 45–65. ↗
  6. Wage-Led versus Profit-Led Demand: A Comprehensive Empirical Analysis (with Cem Oyvat and Oğuz Öztunalı). Metroeconomica, 71(3), 458–486. ↗
  7. Kayıt Dışı Ekonomi Nedir? In Hayatın İçindeki İktisat (Ed. Emrah Aydınonat, Ü. Barış Urhan), İletişim Yayınları. ↗
  8. Kayıt Dışılığın Ölçümü ve Etkileri. In Hayatın İçindeki İktisat (Ed. Emrah Aydınonat, Ü. Barış Urhan), İletişim Yayınları. ↗
  9. Incarceration and Labor-Market Conditions of the Underclass: An Empirical Investigation for US (with Kerem Cantekin). European Journal on Criminal Policy and Research, 26, 529–546. ↗
  10. Shadow Economies around the World: Evidence from Metropolitan Areas. Eastern Economic Journal, 46, 301–322. ↗
20192
  1. Evolution and Predictors of the Homicide Rate in Turkish Provinces: Evidence from Panel Data. European Journal on Criminal Policy and Research, 25, 379–390. ↗
  2. Informal Economies around the World: Measures, Determinants and Consequences (with N. Ferda Ertürk). Eurasian Economic Review, 9(2), 221–237. ↗
20182
  1. Termination of Co-Ownership Cases: A Statistical Analysis for Immovable Property Sales. ↗
  2. Socio-Demographics, Political Attitudes and Informal Sector Employment: A Cross-Country Analysis (with Metin Başbay and Orhan Torul). Economic Systems, 42(4), 556–568. ↗
20176
  1. Sectoral Estimates of Informality: A New Method and an Application to Turkish Economy (with M. Burak Sezgin). The Developing Economies, 55(4), 261–289. ↗
  2. Extent and Growth Effects of Informality in Turkey: Evidence from a Firm-Level Survey (with Kerem Cantekin). Singapore Economic Review, 62(5), 1017–1038. ↗
  3. Informality and Structural Transformation (with O. Erem Ateşaoğlu and Deniz Bayram). 17(4), 117–126. ↗
  4. A Note on Informality and Public Trust. Economics Bulletin, 37(4), 2595–2601. ↗
  5. Determinants of Ticket Prices in Turkish Aviation Industry (with O. Erem Ateşaoğlu and Oğuz Öztunalı). Journal of Yaşar University, 2/48, 329–338. ↗
  6. TFP Growth in Turkey Revisited: The Effect of Informal Sector (with O. Erem Ateşaoğlu and Oğuz Öztunalı). Central Bank Review, 17(1), 11–17. ↗
20168
  1. Religiosity and Fairness Perceptions (with M. Y. Gürdal and M. Yılmaz). Journal of Neuroscience, Psychology, and Economics, 9(3–4), 182–199. ↗
  2. Is Informality a Barrier for Convergence? Economics Bulletin, 36(4), 2556–2568. ↗
  3. Growth Effects of Inflation under the Presence of Informality (with D. Asfuroğlu). Bulletin of Economic Research, 68(4), 311–328. ↗
  4. Energy Consumption and the Size of the Informal Economy (with M. Başbay and O. Torul). Economics E-Journal, 2016-14. ↗
  5. Shadow Economies in OECD Countries: DGE vs. MIMIC Approaches (with F. Schneider). Bogazici Journal, 30(1), 51–75. ↗
  6. Growth and Informality: A Comprehensive Panel Data Analysis (with S. Birinci). Journal of Applied Economics, 19(2), 271–292. ↗
  7. Intraocular Pressure Elevation after Intravitreal Triamcinolone Acetonide Injection: A Meta-Analysis (with Cansu Yüksel Elgin). International Journal of Ophthalmology, 9(1), 139–144. ↗
  8. Cyclicality of Labor Wedge and Informal Sector (with O. Erem Ateşaoğlu). Economics Letters, 136, 141–146. ↗
20155
  1. Underground Economy. Wiley-Blackwell Encyclopedia of Race, Ethnicity and Nationalism. ↗
  2. Informality in a Dynamic Political Framework. Macroeconomic Dynamics, 19, 578–617. ↗
  3. Pollution and Informal Economy (with Oğuz Öztunalı). Economic Systems, 38(3), 333–349. ↗
  4. Tax Enforcement, Technology, and the Informal Sector (with Mario Solis-Garcia). 38, 97–120. ↗
  5. Technological Progress and Scientific Indicators: A Panel Data Analysis (with Selman Çakır). Economics of Innovation and New Technology, 24(3), 263–281. ↗
20145
  1. Institutions, Informal Economy, and Economic Development (with Oğuz Öztunalı). Emerging Markets Finance and Trade, 50(4), 117–134. ↗
  2. Building Human Capital to Set the Gazelles Free: The Informal Economy (with M. Arouri and A. Ben Youssef). In One Billion People, One Billion Opportunities: Building Human Capital in Africa, African Development Bank, pp. 85–97. ↗
  3. Homeownership, Informality and the Transmission of Monetary Policy (with R. Burak Uras). Journal of Banking and Finance, 49, 160–168. ↗
  4. Environmental Kuznets Curve for the Informal Sector of Turkey (1950–2009) (with Oğuz Öztunalı). Panoeconomicus, 61(4), 471–485. ↗
  5. Determinants of the Preference for Leisure (with Emekcan Yücel). Economics E-Journal, 2014-8. ↗
20138
  1. Lurking in the Cities: Urbanization and the Informal Economy (with Cem Oyvat). Structural Change and Economic Dynamics, 27, 36–47. ↗
  2. Is Informality a Barrier for Financial Development? (with R. Burak Uras). SERIEs, 4(3), 309–331. ↗
  3. Wage-Productivity Gap in OECD Economies (with T. Umut Kuzubaş). Economics E-Journal, 2012-21. ↗
  4. Environmental Regulation, Pollution and the Informal Economy (with Ummad Mazhar). SBP Research Bulletin, 9(1), 62–81. ↗
  5. Current Account Balances and Macroeconomic Volatility (with T. Umut Kuzubaş). Economic Modelling, 33, 381–387. ↗
  6. Public Debt, Sovereign Default Risk and Shadow Economy (with R. Burak Uras). Journal of Financial Stability, 9(4), 628–640. ↗
  7. Internet Usage and the Shadow Economy: Evidence from Panel Data. Economic Systems, 37(1), 111–121. ↗
  8. Religion, Income Inequality, and the Size of the Government (with Türkmen Göksel, Mehmet Y. Gürdal and Cüneyt Orman). Economic Modelling, 30, 225–234. ↗
20127
  1. Cyclicality of Shadow Economy. Economic Papers, 31(4), 478–490. ↗
  2. A Theory of Economic Development with Endogenous Fertility. Macroeconomic Dynamics, 16(5), 686–705. ↗
  3. Vergiler ve Kayıtdışı Ekonomi: Bir Değerlendirme ve Türkiye Örneği (Taxes and Informal Economy: An Evaluation and Case for Turkey). METU Studies in Development, 39(2), 237–258. ↗
  4. Unionization and Informal Economy. Economics Bulletin, 32(3), 2615–2623. ↗
  5. Can Sustained Economic Growth and Declining Population Coexist? Barro-Becker Children Meet Lucas (with Semih Tümen). Economic Modelling, 29(5), 1899–1908. ↗
  6. Public Trust, Taxes and the Informal Sector (with Mario Solis-Garcia). Bogazici Journal, 26(1), 27–44. ↗
  7. Wage-Productivity Gap in Turkish Manufacturing Sector (with T. Umut Kuzubaş). İktisat İşletme ve Finans, 27(316), 9–31. ↗
20114
  1. Niçin Kayıtdışı Oluruz? İktisat ve Toplum, 7, 74–78. ↗
  2. Not-Quite-Great Depressions of Turkey: A Quantitative Analysis of Economic Growth over 1968–2004 (with Deniz Çiçek). Economic Modelling, 28(6), 2691–2700. ↗
  3. Cyclicality of Fiscal Policy and the Shadow Economy (with Deniz Çiçek). Empirical Economics, 41(3), 725–737. ↗
  4. Accounting for Turkish Business Cycles (with Deniz Çiçek). İktisat İşletme ve Finans, 26(309), 9–32. ↗

Teaching

Boğaziçi University

  • Special Topics in Applied Economics B.A.
  • Special Topics in Research Methodology of Economics B.A.
  • Growth and Development B.A.
  • Economic Policy B.A.
  • Intermediate Macroeconomics B.A.
  • Principles of Microeconomics B.A.
  • Principles of Macroeconomics B.A.
  • Economics of European Integration M.A.
  • International Macroeconomics M.A.
  • Graduate Macroeconomics 1 and 2 M.A.
  • Advanced Macroeconomics 1 and 2 Ph.D.

Boston University

  • International Economics B.A.
  • Economics of Poverty and Discrimination B.A.
  • Empirical Economics B.A.
  • Intermediate Microeconomics B.A.
  • Intermediate Macroeconomics B.A.
  • Principles of Macroeconomics B.A.

University of Minnesota

  • Introduction to Macroeconomics B.A.
  • Introduction to Microeconomics B.A.
  • Labor Economics B.A.
  • Intermediate Microeconomics B.A.
  • Intermediate Macroeconomics B.A.
  • Quantitative Analysis of the Macroeconomy B.A.

Columbia University

  • Public Economics B.A.
  • International Economics M.A.

Contact

Address

Boğaziçi University, Department of Economics
Bebek, 34342 Beşiktaş / İstanbul, Türkiye