Unemployment, Exchange Rate and Exchange Rate Volatility Relation: Analysis for Turkey

Gülsüm Akarsu

doi:10.18074/ckuiibfd.626327

Unemployment, Exchange Rate and Exchange Rate Volatility Relation: Analysis for Turkey

Öz

By the previous studies, exchange rate fluctuations have been considered to be an important factor affecting the real sector of economies as economies have become more open. Most of the studies focused on its trade impact, however, through different channels, exchange rate movements can also influence the unemployment. This study aims to analyze the effect of exchange rate and its volatility on unemployment for Turkey over the period from 2005 to 2019 by using quarterly data. As a solution for possible endogeneity problem, VAR analysis was performed. Results show that although exchange rate fluctuations do not affect the unemployment, exchange rate volatility significantly increases unemployment. Moreover, positive output shocks contribute statistically significantly to the reduction of unemployment in line with Okun’s Law. In conclusion, different policy measures should be employed to reduce the exchange rate volatility or its effect on unemployment or both.

Anahtar Kelimeler

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Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi

Bölüm

Araştırma Makalesi

Yazarlar

Gülsüm Akarsu ^*
0000-0002-4877-1969
Türkiye

Yayımlanma Tarihi

30 Haziran 2020

Gönderilme Tarihi

28 Eylül 2019

Kabul Tarihi

28 Nisan 2020

Yayımlandığı Sayı

Yıl 2020 Cilt: 10 Sayı: 1

DOI

https://doi.org/10.18074/ckuiibfd.626327

IZ

https://izlik.org/JA97FU25TN

Kaynak Göster

RIS / Bibtex

APA

Akarsu, G. (2020). Unemployment, Exchange Rate and Exchange Rate Volatility Relation: Analysis for Turkey. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 10(1), 179-209. https://doi.org/10.18074/ckuiibfd.626327

AMA

1.Akarsu G. Unemployment, Exchange Rate and Exchange Rate Volatility Relation: Analysis for Turkey. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2020;10(1):179-209. doi:10.18074/ckuiibfd.626327

Chicago

Akarsu, Gülsüm. 2020. “Unemployment, Exchange Rate and Exchange Rate Volatility Relation: Analysis for Turkey”. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 10 (1): 179-209. https://doi.org/10.18074/ckuiibfd.626327.

EndNote

Akarsu G (01 Haziran 2020) Unemployment, Exchange Rate and Exchange Rate Volatility Relation: Analysis for Turkey. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 10 1 179–209.

IEEE

[1]G. Akarsu, “Unemployment, Exchange Rate and Exchange Rate Volatility Relation: Analysis for Turkey”, Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, c. 10, sy 1, ss. 179–209, Haz. 2020, doi: 10.18074/ckuiibfd.626327.

ISNAD

Akarsu, Gülsüm. “Unemployment, Exchange Rate and Exchange Rate Volatility Relation: Analysis for Turkey”. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 10/1 (01 Haziran 2020): 179-209. https://doi.org/10.18074/ckuiibfd.626327.

JAMA

1.Akarsu G. Unemployment, Exchange Rate and Exchange Rate Volatility Relation: Analysis for Turkey. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2020;10:179–209.

MLA

Akarsu, Gülsüm. “Unemployment, Exchange Rate and Exchange Rate Volatility Relation: Analysis for Turkey”. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, c. 10, sy 1, Haziran 2020, ss. 179-0, doi:10.18074/ckuiibfd.626327.

Vancouver

1.Gülsüm Akarsu. Unemployment, Exchange Rate and Exchange Rate Volatility Relation: Analysis for Turkey. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 01 Haziran 2020;10(1):179-20. doi:10.18074/ckuiibfd.626327

Cited By

Cumhuriyet’ten Günümüze Döviz Kuru Politikaları

Fiscaoeconomia

https://doi.org/10.25295/fsecon.1353624