Ins and Outs of Unemployment in Turkey
This paper analyzes rates of inflow to and outflow from unemployment for Turkey since 2006. The average rate of exiting unemployment (outflow) within a month is 9.4 percent, while the average rate of transiting from employment to unemployment (inflow) is 1.3 percent. Moreover, the analysis of flow rates for different age and education groups show that these rates change significantly across groups. The paper decomposes changes in unemployment into contributions from inflow and outflow rates and finds that the volatility of inflow rates is the main driving force of the change in the unemployment rate in Turkey.
|Date of creation:||2012|
|Date of revision:|
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07-19, Federal Reserve Bank of Philadelphia.
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