The Validity of Okun's Law: Evidence from Turkey

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dc.authorid0000-0003-4168-2792
dc.authorwosidYILDIRIM, Durmuş Çağrı/V-8841-2019
dc.authorwosidKırcı Çevik, Nüket/AFM-7310-2022
dc.contributor.authorErdoğan, Seyfettin
dc.contributor.authorYıldırım, Durmuş Çağrı
dc.contributor.authorKırcı Çevik, Nüket
dc.contributor.authorTosuner Ünal, Oztem
dc.date.accessioned2022-05-11T14:12:22Z
dc.date.available2022-05-11T14:12:22Z
dc.date.issued2019
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, Maliye Bölümü
dc.description.abstractEvidence obtained from analyzing the relationship between unemployment and economic growth is an important data source for generating economic policies. The purpose of this study is to investigate the validity of Okun's law, which emphasize the relationship between unemployment and economic growth, for Turkish economy. In order to examine the relationship in question, the data of the 1923-2015 period is used and multiple-structural breaks tests and partial regression analysis is performed. The findings obtained from the analysis stated that Okun's Law is valid in Turkey after 1990s.
dc.identifier.endpage86
dc.identifier.issn1300-3623
dc.identifier.issue177en_US
dc.identifier.startpage70
dc.identifier.urihttps://hdl.handle.net/20.500.11776/5528
dc.identifier.wosWOS:000623911900004
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.institutionauthorYıldırım, Durmuş Çağrı
dc.institutionauthorKırcı Çevik, Nüket
dc.language.isotr
dc.publisherMaliye Bakanligi
dc.relation.ispartofMaliye Dergisi
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectOkun's Law
dc.subjectMultiple-Structural Breaks
dc.subjectPartial Regression
dc.subjectTurkish Economy
dc.subjectUnemployment Dynamics
dc.subjectOutput
dc.titleThe Validity of Okun's Law: Evidence from Turkey
dc.typeArticle

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