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Real Cost of Employment and Turkish Labour Market: A Panel Cointegration Tests Approach

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  • Bildirici, M.

Abstract

The study aims to analyze the probability of employment in Turkey after 1990. In Turkey, real cost of labour sharply increases after 1990. It has happened to become the highest in OECD countries. This affects the employment of the firms and the level of employment in the economy. It is also an indisputable fact that level of labour cost affects the number of operating firms. While unemployment rapidly increases, inability of decreasing the real cost makes the policies aimed at unemployment ineffective.

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Bibliographic Info

Article provided by Euro-American Association of Economic Development in its journal International Journal of Applied Econometrics and Quantitative Studies .

Volume (Year): 1 (2004)
Issue (Month): 2 ()
Pages: 95-120

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Handle: RePEc:eaa:ijaeqs:v:1:y2004:i:1_11

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Related research

Keywords: Employment; Panel Cointegration; Unit Roots;

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Cited by:
  1. Melike Bildirici & Elçin Aykaç Alp, 2012. "Minimum wage is efficient wage in Turkish labor market: TAR–cointegration analysis," Quality & Quantity: International Journal of Methodology, Springer, vol. 46(4), pages 1261-1270, June.

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