Araştırma Makalesi
BibTex RIS Kaynak Göster
Yıl 2012, Cilt: 2 Sayı: 1, 71 - 78, 01.03.2012

Öz

Kaynakça

  • Aktar, I., Ozturk, L. (2009), Can Unemployment be Cured by Economic Growth and Foreign Direct Investment in Turkey. International Research Journal of Finance and Economics. 27, 203-211.
  • Berument, M.H. (2008), Macroeconomic Policy and Unemployment by Economic Activity: Evidence from Turkey. IZA Discussion Paper: 3461.
  • Berument, M.H., Dogan, N., Tansel, A. (2006), Economic Performance and Unemployment: Evidence from and Emerging Economy. International Journal of Manpower, 27(7), 604-623.
  • Berument, M.H., N. Dogan, A. Tansel, (2009), Macroeconomic Policy and Unemployment by Economic Activity: Evidence from Turkey. Emerging Markets Finance and Trade, 45(3), 21-34.
  • Butkiewicz, J.L., Ozdogan, Z. (2009), Financial Crisis, Monetary Policy Reform and The Monetary Transmission Mechanism in Turkey. Working Paper Series, no 2009-04, Department of Economics, Alfred Lerner College of Business & Economics, University of Delaware.
  • Cascio, I.L. (2001), Do Labour Markets Really Matter? Monetary Shocks and Asymetric Effects across Europe. Unpublished, Department of Economics, University of Essex, Colchester.
  • Daly, M., Hobijn, B. (2010), Okun’s Law and Unemployment Suprise of 2009. Economic Letter, Federal Reserve Bank of San Francisco.
  • Doğrul, H.G., Soytas, U. (2010), Relationship between Oil Prices, Interest Rate, and Unemployment: Evidence from an Emerging Market. Energy Economics, 32, 1523-1528.
  • Engle, R., Granger, C. (1987), Co-integration and Error correction: Representation,Estimation, and Testing. Econometrica, 55, 251–276.
  • Johansen, S. (1991), Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models. Econometrica, 59, 1551–1580.
  • Lee, J., Strazicich, M.C. (2003), Minimum LM Unit Root Test with Two Structural Breaks. Review of Economics and Statistics, 85 (4), 1082-1089.
  • Lumsdaine, R.L., Papell, D.H. (1997), Multiple Trend Breaks and Unit-Root Hypothesis. The Review of Economics and Statistics, 79(2), 212-218.
  • Pesaran, M.H., Shin, Y. (1998), Generalised Impulse Repsonse Analysis in Linear Multivariate Model. Economic Letters, 58, 17-29.
  • Perron, P. (1989), The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis. Econometrica, 57, 1361-1401.
  • Ravn, M.O., Simonelli, S. (2007), Labor Market Dynamics and the Business Cycle: Structural Evidence for the United States. Working Paper Series, no 182, Centre for Studies in Economics and Finance.
  • Said, S.E., Dickey, D.A. (1984), Testing for Unit Roots in Autoregressive-Moving Average Models of Unknown Order. Biometrika, 71(3), 599-607.
  • Sims, C. A. (1982), Policy Analysis with Econometric Models. Brookings Papers on Economic Activity, 1, 107-152.
  • Valletta, R., Kuang, K. (2010), Is the Structural Unemployment on the Rise? The Economic Report, 86(273), 185-209.
  • Yeldan, E. (2002), Behind the 2000/2001 Turkish Crisis: Stability, Credibility, and Governance, for Whom? IDEAs Conference on International Money and Developing Countries: Theoretical and Policy Issue in the Current Context, 16-19 December, Chennai, India
  • Zivot, E., Andrews, D.W.K. (1992), Further Evidence on the Great Crash, Oil-Price Shock and the Unit-Root Hypothesis. Journal of Business and Economic Statistics, 10(3), 251-270.

Macroeconomic Variables and Unemployment: The Case of Turkey

Yıl 2012, Cilt: 2 Sayı: 1, 71 - 78, 01.03.2012

Öz

This study investigates the response of unemployment to selective macroeconomics
shocks for the period of 2000:Q1-2010:Q1. It finds that positive shocks to growth, growth in export
and inflation reduce unemployment. On the other hand, shocks to exchange rate, interbank interest rate
and money supply increase unemployment. The results are consistent with Phillips curve and Okun’s
Law suggestion. Namely, negative relationship between output and unemployment and positive
relationship between unemployment and inflation are found. Also, this study finds consistent results
with earlier literature.

Kaynakça

  • Aktar, I., Ozturk, L. (2009), Can Unemployment be Cured by Economic Growth and Foreign Direct Investment in Turkey. International Research Journal of Finance and Economics. 27, 203-211.
  • Berument, M.H. (2008), Macroeconomic Policy and Unemployment by Economic Activity: Evidence from Turkey. IZA Discussion Paper: 3461.
  • Berument, M.H., Dogan, N., Tansel, A. (2006), Economic Performance and Unemployment: Evidence from and Emerging Economy. International Journal of Manpower, 27(7), 604-623.
  • Berument, M.H., N. Dogan, A. Tansel, (2009), Macroeconomic Policy and Unemployment by Economic Activity: Evidence from Turkey. Emerging Markets Finance and Trade, 45(3), 21-34.
  • Butkiewicz, J.L., Ozdogan, Z. (2009), Financial Crisis, Monetary Policy Reform and The Monetary Transmission Mechanism in Turkey. Working Paper Series, no 2009-04, Department of Economics, Alfred Lerner College of Business & Economics, University of Delaware.
  • Cascio, I.L. (2001), Do Labour Markets Really Matter? Monetary Shocks and Asymetric Effects across Europe. Unpublished, Department of Economics, University of Essex, Colchester.
  • Daly, M., Hobijn, B. (2010), Okun’s Law and Unemployment Suprise of 2009. Economic Letter, Federal Reserve Bank of San Francisco.
  • Doğrul, H.G., Soytas, U. (2010), Relationship between Oil Prices, Interest Rate, and Unemployment: Evidence from an Emerging Market. Energy Economics, 32, 1523-1528.
  • Engle, R., Granger, C. (1987), Co-integration and Error correction: Representation,Estimation, and Testing. Econometrica, 55, 251–276.
  • Johansen, S. (1991), Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models. Econometrica, 59, 1551–1580.
  • Lee, J., Strazicich, M.C. (2003), Minimum LM Unit Root Test with Two Structural Breaks. Review of Economics and Statistics, 85 (4), 1082-1089.
  • Lumsdaine, R.L., Papell, D.H. (1997), Multiple Trend Breaks and Unit-Root Hypothesis. The Review of Economics and Statistics, 79(2), 212-218.
  • Pesaran, M.H., Shin, Y. (1998), Generalised Impulse Repsonse Analysis in Linear Multivariate Model. Economic Letters, 58, 17-29.
  • Perron, P. (1989), The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis. Econometrica, 57, 1361-1401.
  • Ravn, M.O., Simonelli, S. (2007), Labor Market Dynamics and the Business Cycle: Structural Evidence for the United States. Working Paper Series, no 182, Centre for Studies in Economics and Finance.
  • Said, S.E., Dickey, D.A. (1984), Testing for Unit Roots in Autoregressive-Moving Average Models of Unknown Order. Biometrika, 71(3), 599-607.
  • Sims, C. A. (1982), Policy Analysis with Econometric Models. Brookings Papers on Economic Activity, 1, 107-152.
  • Valletta, R., Kuang, K. (2010), Is the Structural Unemployment on the Rise? The Economic Report, 86(273), 185-209.
  • Yeldan, E. (2002), Behind the 2000/2001 Turkish Crisis: Stability, Credibility, and Governance, for Whom? IDEAs Conference on International Money and Developing Countries: Theoretical and Policy Issue in the Current Context, 16-19 December, Chennai, India
  • Zivot, E., Andrews, D.W.K. (1992), Further Evidence on the Great Crash, Oil-Price Shock and the Unit-Root Hypothesis. Journal of Business and Economic Statistics, 10(3), 251-270.
Toplam 20 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular İşletme
Diğer ID JA49ZM26CU
Bölüm Araştırma Makalesi
Yazarlar

Taylan Taner Doğan

Yayımlanma Tarihi 1 Mart 2012
Yayımlandığı Sayı Yıl 2012 Cilt: 2 Sayı: 1

Kaynak Göster

APA Doğan, T. T. (2012). Macroeconomic Variables and Unemployment: The Case of Turkey. International Journal of Economics and Financial Issues, 2(1), 71-78.
AMA Doğan TT. Macroeconomic Variables and Unemployment: The Case of Turkey. IJEFI. Mart 2012;2(1):71-78.
Chicago Doğan, Taylan Taner. “Macroeconomic Variables and Unemployment: The Case of Turkey”. International Journal of Economics and Financial Issues 2, sy. 1 (Mart 2012): 71-78.
EndNote Doğan TT (01 Mart 2012) Macroeconomic Variables and Unemployment: The Case of Turkey. International Journal of Economics and Financial Issues 2 1 71–78.
IEEE T. T. Doğan, “Macroeconomic Variables and Unemployment: The Case of Turkey”, IJEFI, c. 2, sy. 1, ss. 71–78, 2012.
ISNAD Doğan, Taylan Taner. “Macroeconomic Variables and Unemployment: The Case of Turkey”. International Journal of Economics and Financial Issues 2/1 (Mart 2012), 71-78.
JAMA Doğan TT. Macroeconomic Variables and Unemployment: The Case of Turkey. IJEFI. 2012;2:71–78.
MLA Doğan, Taylan Taner. “Macroeconomic Variables and Unemployment: The Case of Turkey”. International Journal of Economics and Financial Issues, c. 2, sy. 1, 2012, ss. 71-78.
Vancouver Doğan TT. Macroeconomic Variables and Unemployment: The Case of Turkey. IJEFI. 2012;2(1):71-8.