TITLE

Macroeconomic Policy and Unemployment by Economic Activity: Evidence from Turkey

AUTHOR(S)
Berument, M. Hakan; Dogan, Nukhet; Tansel, Aysit
PUB. DATE
May 2009
SOURCE
Emerging Markets Finance & Trade;May/Jun2009, Vol. 45 Issue 3, p21
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This paper investigates how various macroeconomic policy shocks in Turkey affect unemployment and provides evidence on the differential responses of unemployment in selected sectors of economic activity. Our paper extends previous work in two respects. First, we consider not only the response of total unemployment, but also the response of unemployment by selected sectors of economic activity. Second, we consider not only the effect of monetary policy shocks, but also the effects of several other macroeconomic shocks. The results indicate that unemployment in different sectors of economic activity responds differently to various macroeconomic policy shocks.
ACCESSION #
42204372

 

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