Employer of Last Resort in the Framework of Post-Keynesian Theory: The Case of Turkey

Abstract

In today's economies, where insecurity and unemployment are the norm, it has become critical for the government to develop policies aimed at reducing unemployment and creating jobs for people who want to work but can't find work. According to those who advocate for the state to be the Employer of Last Resort (ELR) this will help reduce unemployment in mainstream approaches while also covering the social issues that arise because of unemployment. The purpose of this research is to investigate the impact of the government providing employment as the ELR in Turkey. Input-output and social accounting matrix was used to look at changes in demand and household incomes in this case, after a shock to low-income people and women at the minimum income level was caused by the state in the Public Administration sector. The study's findings indicate that the ELR program is applicable in Turkey. It also demonstrates that income multipliers for women operate on both the demand and supply sides.

Keywords

• Employer of last resort
• job guarantee
• social accounting matrix
• unemployment

Post-Keynesyen Teori Çerçevesinde Devletin Nihai İşveren Olma Rolü: Türkiye Örneği

Abstract

İstikrarsızlığın ve işsizliğin bir norm olduğu günümüz ekonomileri için devletin işsizliği hedef alan politikalar üretmesi ve çalışmak isteyip iş bulamayan kimseler iş yaratması artık zorunlu bir hal almıştır. Devletin nihai işveren olması (DNİR) önerisini sunanlara göre anaakım yaklaşımlarda işsizliğin azaltılmasına yardımcı olacak aynı zamanda işsizlikle beraber ortaya çıkan sosyal sorunları da kapsayacaktır. Bu çalışmanın amacı, Türkiye’de devletin nihai işveren olarak istihdam sağlamasının etkisini araştırmaktır. Bu bağlamda Girdi Çıktı ve Sosyal Hesaplar Matrisi kullanılarak, düşük gelirli bireyler ile kadınlara devlet tarafından Kamu yönetimi sektöründe yaratılan asgari gelir düzeyinde bir şokun talepte ve hanehalklarının gelirlerindeki değişim gözlemlenmiştir. Çalışmanın bulguları Türkiye’de ELR programının uygulanabilir olduğunu göstermektedir. Ayrıca kadınlar için de gelir çarpanlarının hem talep hem arz yanlı çalıştığını göstermektedir.

Keywords

• Devletin nihai işveren rolü
• istihdam garantisi
• sosyal hesaplar matrisi
• işsizlik

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