Economic performance and unemployment
Subtitle: evidence from an emerging economy - Turkey
By: by Hakan Berument, Nukhet Dogan, Aysit Tansel.
Contributors: Doǧan, Nükhet.; Tansel, Aysit.
Series: Discussion paper ;; no. 1614; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1614
Publisher: IZA
Published: 2005
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Unemployment -- Turkey.
Description: "This article examines whether various macroeconomic policy shocks have different effects on overall unemployment rate and the unemployment rate by different levels of education in Turkey. These effects are assessed for total, male and female unemployment rates separately. To examine the relationship, a quarterly VAR model with a recursive order is employed to estimate the effects of real GDP, price, exchange rate, interbank interest rate, money supply and unemployment for the period from 1988:01 to 2003:04. Main findings indicate that a positive income shock reduces total unemployment while positive exchange rate and interbank interest rate innovations both increase the unemployment rate during the initial periods. The responses of high school educated unemployment rate to five macroeconomic variable shocks are different than the response of other educational unemployment rates. Furthermore, the overall results across gender are similar"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Includes bibliographical references.
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