TY  - RPRT
        AU  - Berument, Hakan
AU  - Dogan, Nukhet
AU  - Tansel, Aysit
        TI  - Economic Performance and Unemployment: Evidence from an Emerging Economy - Turkey
        PY  - 2005/May/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1614
        UR  - https://www.iza.org/publications/dp1614
        AB  - This article examines whether various macroeconomic policy shocks have different effects on overall unemployment rate and the unemployment rate by different levels of education in Turkey. These effects are assessed for total, male and female unemployment rates separately. To examine the relationship, a quarterly VAR model with a recursive order is employed to estimate the effects of real GDP, price, exchange rate, interbank interest rate, money supply and unemployment for the period from 1988:01 to 2003:04. Main findings indicate that a positive income shock reduces total unemployment while positive exchange rate and interbank interest rate innovations both increase the unemployment rate during the initial periods. The responses of high school educated unemployment rate to five macroeconomic variable shocks are different than the response of other educational unemployment rates. Furthermore, the overall results across gender are similar.
        KW  - unemployment
KW  - economic performance and vector autoregressive regression
        ER  -