The
global financial crisis, which began in USA in 2008, had effected the whole world countries including
Turkey as a result of globalization and integrated economies. The crisis caused by risky and non-returnable
loans in mortgage markets in the United States negatively affected financial
and real markets globally. In
this framework, countries developed various monetary and fiscal policies in
order to mitigate the adverse effects of the crisis on economies.
In this
study, the relationship between the public expenditure, a significant
instrument of fiscal policies implemented by the government, and the employment
rates for the post-crisis period is explained. In addition to this explanation, the
relationship between public expenditure and employment rates between
2006Q1-2016Q4 was analyzed according to the Toda- Yamamoto Granger causality
test. As a result, unidirectional causality running from post- crisis public
expenditure policies to employment rates is determined
Primary Language | Turkish |
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Subjects | Economics |
Journal Section | Articles |
Authors | |
Publication Date | April 10, 2018 |
Published in Issue | Year 2018 Volume: 7 Issue: 1 |
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.