IZA DP No. 8834: Unemployment and Labor Force Participation in Turkey
published in Applied Economics Letters, 2016, 23 (3), 184-187
This paper investigates the relationship between labor force participation rate and unemployment rate in Turkey a developing country. Cointegration analysis is carried out for the aggregate and gender and age specific series. The findings indicate that there is no long-run relationship between labor force participation and unemployment rates in Turkey. Thus, unlike in the case of the developed countries the unemployment invariance hypothesis is supported in Turkey.