1st Edition

Routledge Handbook of the Informal Economy

Edited By Ceyhun Elgin Copyright 2025
    496 Pages 89 B/W Illustrations
    by Routledge

    Delve into the intricate landscape of the informal economy with the Routledge Handbook of the Informal Economy, a groundbreaking volume that transcends conventional economic analysis by contextualizing it within a broader regulatory and social framework. This comprehensive handbook offers cutting-edge categorical, thematic, and regional analyses of the informal, or shadow, economy. An esteemed international ensemble of contributors draws on diverse economic perspectives, exploring a spectrum of definitions and measures, including household, firm-level, and employment-based metrics, alongside perceptional and model-based estimates. Employing a variety of econometric and methodological approaches, the volume provides both regional and global estimates of the informal economy's extent. Beyond conventional boundaries, it unveils various facets of informality, from child labor, tax evasion, and self-employment to precarious and undeclared work. In-depth examinations of the determinants and consequences of informality enhance the volume's robust analysis. As a forward-looking compendium, the handbook also offers insights into the future trajectory of the informal economy as we journey further into the 21st century. This definitive and up-to-date reference work is indispensable for readers in labor economics, development economics, political economy, policy studies, and sociology, offering a nuanced understanding of the multifaceted dimensions and dynamics of the informal economy.

    Chapter 1 - Literature Review of Utility Functions within Computerized Agent-based Models of Tax Evasion and Non-compliance; Sascha Hokamp (University of Hamburg)

     

    Chapter 2- Tax Evasion and Enforcement; Yeliz Kacamak (Bogazici University)

     

    Chapter 3- Informal urban development management schemes; Patricia Acosta Restrepo (Universidad del Rosario)

     

    Chapter 4 - The propensity of businesses to participate in the shadow economy and transition between formality and informality in Serbia; Gorana Krstic (University of Belgrade) Branko Radulovic (University of Belgrade)

     

    Chapter 5 – Hours of Work and Informality; Duru Gültepe (Ari Private Anatolian School) and Ceyhun Elgin (Bogazici University and American University in Bulgaria)

     

    Chapter 6- Why afraid of detection? Formalization program and Informal Household Enterprises in Nigeria; Emmanuel Umoru Haruna (Kobe University)

     

    Chapter 7- Informality and Well-being; David Anzola (Universidad de Rosario)

     

    Chapter 8- Technology in the Margins: Exploring the Dynamic Interplay between; Aglaya Batz Lineiro (Universidad del Rosario)

     

    Chapter 9- Corruption, Tax Evasion and Social Values: An Immigrant-Based Analysis; Anastasia Litina (University of Macedonia), Theodore Palivos (Athens University of Economics and Business)

     

    Chapter 10- Shadow Economy, ‘‘Mixed Firms’’ and Labour Market Outcomes; Gaetano Lisi (e-Campus University)

     

    Chapter 11 - Informality and Task Content of Occupations: changes in employment and wages in Turkey; Anıl Duman (Central European University), Gulsun Alca (Central European University)

     

    Chapter 12- Evidence from the shadows: Unreported income, undeclared work and tax morale in Greece; Vasileios Vlachos (International Hellenic University), Aristis Bitzenis (University of Macedonia)

     

    Chapter 13- Does the Informal Economy Determine FDI Flows? Vasileios Vlachos (International Hellenic University)

     

    Chapter 14: Shadow Economy over the Business Cycle: How do Formal and Shadow Cycles Interact?; Serdar Birinci (Federal Reserve Bank of St. Louis), and Ceyhun Elgin (Bogazici University, American University in Bulgaria)

     

    Chapter 15- Provincial Estimates of Informality: Example from Turkey; Ceyhun Elgin (Bogazici University, American University in Bulgaria) and Gamze Öz Yalaman

     

    Chapter 16- Measuring the Size of the Shadow Economy using a Dynamic General Equilibrium Model; Valeska Kohan (Macalester College) and Mario Solis-Garcia (Macalester College)

     

    Chapter 17- DGE-based estimates of the shadow economy: is the informal economy an escape valve?; Valeska Kohan (Macalester College), Mario Solis-Garcia (Macalester College), and Yingtong Xie (Carleton College)

     

    Chapter 18 - Institutional Quality and Informal Economy Nexus in the Middle East and North Africa, Fatih Kırşanlı (Yozgat Bozok University)

     

    Chapter 19 - A Macroeconomic Perspective on Gender and Informality; Adem Yavuz Elveren (American University in Bulgaria and Izmir University of Economics), Idil Goksel (Izmir University of Economics)

     

    Chapter 20 - A Macroeconomic Perspective on Gender, Economic Crises, Inequality, and Informality; Adem Yavuz Elveren (American University in Bulgaria and Izmir University of Economics), Damla Topbaş (Izmir Katip Celebi University)

     

    Chapter 21 - Employment Segmentation, Occupational Mobility and Formalising

    Informality in MENA Countries: The Scope and Impact of Policies; Philippe Adair (University Parist-Es Creteil), Vladimir Hlasny (United Nations Economic and Social Commission for Western Asia), Shireen AlAzzawi (Santa Clara University)

     

    Chapter 22- Access to Finance and the Size of the Informal Sector, Ceyhun Elgin (American University in Bulgaria), Turkmen Goksel (Ankara University) and Barchynai Kimsanova (Leibniz Institute of Agricultural Development in Transition Economies)

     

    Chapter 23 - A text analysis of research publications navigating through informality in the age of pandemics; Adriana AnaMaria Davidescu (Bucharest University of Economic Studies), Eduard Mihai Manta (Bucharest University of Economic Studies), Cristina Maria Geambasu (Bucharest University of Economic Studies).

     

    Chapter 24 - Exploring the regional shadow economy research field through bibliometric analysis; Adriana AnaMaria Davidescu (Bucharest University of Economic Studies), Eduard Mihai Manta (Bucharest University of Economic Studies), Margareta-Stela Florescu (Bucharest University of Economic Studies), Cristina Maria Geambasu (Bucharest University of Economic Studies)

     

    Chapter 25 - Exploring the Relationship between Informality and Sustainable Development Goals: A Bibliometric Analysis; Adriana AnaMaria Davidescu (Bucharest University of Economic Studies), Friedrich G. Schneider (Johannes Kepler University), Eduard Mihai Manta, (Bucharest University of Economic Studies), Monica Aureliana Petcu, (Bucharest University of Economic Studie), Cristina Stefania Curea, (Bucharest University of Economic Studies)

     

    Chapter 26 – Tax Morale: Model Based Estimates; Ceyhun Elgin, (Bogazici University, American University in Bulgaria), and Gamze Öz Yalaman

     

    Biography

    Ceyhun Elgin is a Professor of Economics at American University in Bulgaria and Bogazici University in Turkey. He got his BA in economics from Bogazici University and then subsequently obtained his Ph.D. in economics at the University of Minnesota in 2010. His research interests are in applied macroeconomics, economic growth, development economics, and political economics with a particular emphasis on the economics of the informal sector. Previously, Dr. Elgin also had visiting positions at the Columbia University, IMF, WB, and Boston University.