Unemployment and labour force participation in Turkey

TANSEL A., Ozdemir Z. A., AKSOY E.

APPLIED ECONOMICS LETTERS, vol.23, no.3, pp.184-187, 2016 (SSCI) identifier identifier

  • 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.