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