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Elgin, Ceyhun

Email Degree Ph.D. Economics University of Minnesota


  • Principles of Macroeconomics
  • Principles of Macroeconomics
  • Topics in Advanced Macroeconomics: Economics of the Covid-19 Pandemic
  • Senior Thesis I
  • Senior Thesis II

Research Interests

  • Macroeconomics
  • Growth and Development
  • Public Economics
  • Informal Sector
  • Applied Economics
  • Economics of COVID-19


Ph.D. Economics University of Minnesota 2010,  Dissertation Title: Essays on Dynamic Macroeconomics
M.A. Economics, University of Minnesota, 2009
B.A. Law, Istanbul Sehir University, 2018
B.A. Public Administration, Anadolu Universit, 2005
B.A. Economics, Bogazici University, 2005


  •  “Women and the Informal Sector”, University of Chicago Press, 2021 (Forthcoming).
  • “Contact Tracing is Associated with Lower COVID-19 Case Fatality Rates: Cross-country Evidence” (with Gokce Basbug, Abdullah Yalaman, Alison Galvani), Scientific Reports-Nature, 2021, Forthcoming.
  • “Foreign Direct Investment, Informality, and Technology Transfer”, Review of Development Economics, 2021, Forthcoming.
  • “Informality, Inequality and Profit Rate” (with Adem Y. Elveren and Joseph Bourgeois), Applied Economics Letters 2021 Forthcoming.
  • “Economic Policy Responses to a Pandemic: Developing the COVID-19 Economic Stimulus Index” (with Gokce Basbug and Abdullah Yalaman), Covid Economics: Vetted and Real Time Papers,, 2020 3, 40-54).
  • “The Informal Economy: Measures, Causes, and Consequences”, Routledge, 2020.
  • “Incarceration and Labor Market Conditions of the Underclass in the United States: An Empirical Investigation “, (with Kerem Cantekin), European Journal on Criminal Policy and Research, 26(4), 529-546.
  • “Is Informality a Barrier for Sustainable Development?”, Sustainable Development 2020 (with Gokcer Ozgur and Adem Y. Elveren) Forthcoming.
  • “Shadow Economies around the World: Evidence from Metropolitan Areas”, Eastern Economic Journal, 2020 46, 301-322.
  • Wage Led vs. Profit Led Growth: A Comprehensive Econometric Analysis”, (with Cem Oyvat and Oguz Oztunali) Metroeconomica, 2020 71 (3), 458-486.
  • “Evolution and Predictors of the Homicide Rate in Turkish Provinces: Evidence from Panel Data”, European Journal on Criminal Policy and Research, 2019, 25, 379-390.
  • “Sectoral Estimates of Informality: A New Method and An Application to Turkish Economy.”, (with M. Burak Sezgin), The Developing Economies, 2017, Vol. 55, No. 4, pp. 261-289.
  • “Growth Effects of Inflation under the Presence of Informality.”, (with Dila Asfuroglu), Bulletin of Economic Research, 2016, Vol. 68, No. 4, pp. 311-328.
  • “Cyclicality of Labor Wedge and Informal Sector”, (with Orhan Erem Atesagaoglu), Economics Letters, December 2015, Vol. 136., pp. 141-146.
  • “Informal Economy in a Dynamic Political Framework”, Macroeconomic Dynamics, 2015, Vol. 19, No. 3, pp. 578-617.
  • “Homeownership, informality and the transmission of monetary policy”, (with R. Burak Uras), Journal of Banking and Finance, 2014, Vol. 49, pp. 160-168.
  • “Public debt, sovereign default risk and shadow economy”, (with R. Burak Uras), Journal of Financial Stability, December 2013, Vol. 9, No. 4, pp. 628-640.
  • “Is Informality a Barrier to Financial Development?”, (with R. Burak Uras), SERIEs, 2013, Vol. 4, No. 3, pp. 309-331.
    “A Theory of Economic Development with Endogenous Fertility”, Macroeconomic Dynamics, 2012, Vol. 16, No. 5, pp. 686-705.