2015 Cilt 34 Sayı 1

Browse

Now showing 1 - 1 of 1

Effects of economic indicators on employment phenomena
(Uludağ Üniversitesi, 2015) Terzioğlu, M. Kenan; Akın, Yasemin Kaldere; Doğangün, Aslı
The objective of this article is to analyze long-and short-term interactions of employment levels in Turkey with growth and general price levels using appropriate time series analysis methods. In this article, the stationary status of variables was investigated and analyzed. To understand long-term relationships, cointegration analysis was employed and general to specific models and vector auto regression was used for short-term dynamic interactions of variables. Moreover, to determine the power of variables to affect other variables as a result of applied shocks, impulse-response and variance decomposition analyses were conducted. The results show that in years when economic growth positively affects on employment in the short-term, it does not have the same effect on the long-term and when general price levels reflected high values, employment realizes high rates.