Browsing by Subject "Unemployment"
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Item Restricted Durgun ve işsiz(2001) Duru, OrhanItem Open Access Dynamic linkages of current account deficits and unemployment: evidence from Turkey(Kaerntner Botanikzentrum, 2015) Özer, M.; Yeldan, A. E.In this paper, we empirically test the causal relationship between current accountdeficits and unemployment in Turkey over 2000Q1–2012Q1. Using Johansenco-integration and Granger-causality analyses based on a corresponding vector error correction model, we studied many alternative specifications of the nexus between unemployment and external deficits in an open macroeconomyenvironment. Our results reveal the presence of unidirectional causality runningfrom current account deficits to unemployment. Furthermore, based on theimpulse response variance decomposition analysis, we find that unemploymentexplains little variation of current account deficits, although current accountdeficits explain a substantial fraction of the variation in unemployment. Weinterpret these findings as evidence of the structural sources of unemployment being embedded under the deepening external fragility of the Turkish economyover the 2000s.Item Open Access Economic performance and unemployment: evidence from an emerging economy(Emerald Publishing Limited, 2006) Berument, Hakan; Dogan, N.; Tansel, A.Purpose - This article seeks to examine whether or not various macroeconomic policy shocks have different effects on overall unemployment and the unemployment by different levels of education in Turkey. These effects are assessed separately for male and female unemployment. Design/methodology/ approach - To examine the relationship, a quarterly VAR model with a recursive order is employed to estimate the effects of real GDP, price, exchange rate and interbank interest rate on unemployment for the period from 1988:01 to 2003:04. Findings - Main findings indicate that monetary policy does not affect the total unemployment as well as the components of unemployment by educational level and by gender in Turkey. On the other hand, income policies, which include fiscal policies, and unemployment itself, might be the main factors that affect the behavior of total unemployment and its various components. Research limitations/implications - These findings suggest that policy makers should concentrate on non-monetary policies to hamper the unemployment in Turkey. Originality/value - The present study is the first empirical examination of the relationship between various macroeconomic policy shocks and the unemployment both across gender and education levels in a single study. © Emerald Group Publishing Limited.Item Open Access The effect of real exchange rate on unemployment in Turkey(2007) Kılıçaslan, NilayThis thesis is intended to analyze the influence of real exchange rate on total and urban unemployment in Turkish economy over 1988 – 2006 periods by using the original work of Frenkel (2004) for Turkey. In addition to this analysis, an alternative model is suggested to overcome some limitations of Frenkel (2004). In this thesis, three channels of influence, namely macroeconomic channel, development channel and labor intensity channel, are taken into account in the search of unemployment’s response to changes in real exchange rate. The results for both analysis show that real exchange rate influences unemployment positively through labor intensity channel for both total and urban unemployment in Turkey. Moreover, suggested alternative model achieves to quantify the seperate effects of the influence channels which was not achieved in Frenkel (2004) due to the limitations of the model.Item Open Access The effects of social security systems on macroeconomic performance: a cross-sectional analysis(1999) Erdem, F. SenemDevelopments in demographic factors affect the magnitude of several Social Security attributes, and have recently lead many countries to reform their systems. The most marked one of such reforms is the transition from Pay-as-you-go (PAYG) based systems to funded systems. This thesis discusses the effects of social security systems on a country’s macroeconomic performance by means of a cross-sectional study. It examines five main macroeconomic indicators: GDP growth rate, budget deficit, private saving rate, unemployment and inflation. It does so by using both their main macroeconomic determinants and the relevant social security attributes, such as dependency ratio, social security deficit, retirement ages, contribution rates, and public spending on social security. Our main conclusion is that many social security attributes significantly affect macroeconomic indicators.Item Open Access Free parking for all in shopping malls(Wiley-Blackwell Publishing, 2014) Hasker, K.; Inci, E.We show why a mall provides parking for free and embed the parking costs in the prices of the goods. Essentially, charging a parking fee to risk-averse customers means penalizing them for not finding their desired good. This result holds whether the mall has monopoly power or prices competitively, if there is parking validation, and if there is a trade-off between shopping and parking spaces. It is also the attainable social optimum. The equilibrium lot size is too small, yielding a rationale for minimum parking requirements. However, parking fees may be positive and lots may be too large in urban malls.Item Open Access Main factors of unemployment in Turkey(1993) Tekin, GökhanThis study attempts to assess the main factors which are affecting unemployment behavior in Turkey. The candid variables are chosen in such a way that some relations have been enunciated for I’uikey and for some other countries. This research is trying to analyze the unemployment behaviour mainly in two time periods: The first scope is the period 1980-1990. The 1980s are characterized for its own features as a new era in Turkey. The relations for this period are .searched for ten variables: Unemployment ( with one lag), energy supply, credits, money supply, capital investments, investments realized by receiving subsidies from the government, inflation. Gross National Product, real wages and total labor force. Among these ten variables, stepwise variable selection method identified the statistically significant variables and by these variables a GLS model is formed in explaining the unemployment level. The second scope was the period 1970-1992 and the variables are labor productivity, import-export wedge, real wages and inflation which are used in explaining unemployment rate and level. It was found finally that capital investments influence the unemployment level on the one side (for the first period), labor productivity, import-export wedge, real wages and inflation affect unemployment level on the other side (for the .second period) and the labor productivity and import-export wedge affect also (for the second period) unemployment rate.