Ceyhun Elgin

TL;DR: In this paper, a two-sector dynamic general equilibrium model is proposed and then used to construct a novel shadow economy dataset, which allows the authors to construct an unbalanced 161-country panel dataset over the period 1950 and 2009.

TL;DR: In this article, the authors investigated the empirical relationship between the level of urbanization and the size of the informal economy using cross-country datasets proxying GDP and employment shares of urban informal sector.

TL;DR: In this paper, the interactions between government's indebtedness, sovereign default risk and the size of the informal sector were analyzed, and the empirical results from cross-country panel regressions showed that the presence of informality constrains the set of pledgeable fiscal policy alternatives, increases public debt and the implied probability of sovereign debt restructuring.

TL;DR: In this paper, the authors investigate the relationship between the size of the informal economy and the level of environmental pollution/energy use and show that there is an inverse-U relationship between these two variables.

TL;DR: In this article, the authors examined the empirical relationship between the degree of internet usage and the size of the shadow economy, and found that the association between Internet usage and shadow economy size strongly interacts with GDP per-capita.