Unemployment and labour force participation in Turkey
APPLIED ECONOMICS LETTERS, vol.23, no.3, pp.184-187, 2016 (SSCI, Scopus)
- Publication Type: Article / Article
- Volume: 23 Issue: 3
- Publication Date: 2016
- Doi Number: 10.1080/13504851.2015.1064071
- Journal Name: APPLIED ECONOMICS LETTERS
- Journal Indexes: Social Sciences Citation Index (SSCI), Scopus
- Page Numbers: pp.184-187
- Keywords: Unemployment invariance hypothesis, cointegration, Turkey, TIME-SERIES, UNIT-ROOT, COINTEGRATION VECTORS, HYPOTHESIS, MODELS, RATES
- Middle East Technical University Affiliated: Yes
Abstract
This article investigates the relationship between labour force participation rate and unemployment rate in Turkey a developing country. Cointegration analysis is carried out for the aggregate and gender-specific series. The findings indicate that there is no long-run relationship between labour force participation and unemployment rates in Turkey. Thus, unlike in the case of the developed countries, the unemployment invariance hypothesis is supported in Turkey.