AHA-BUCH

Reconciliation of Economic Growth and Unemployment

Turkish Economy After 2001 Economic Crisis
 Paperback
Print on Demand | Lieferzeit:3-5 Tage I

49,00 €*

Alle Preise inkl. MwSt. | zzgl. Versand
ISBN-13:
9783639244755
Einband:
Paperback
Seiten:
64
Autor:
Ismail Baydur
Gewicht:
112 g
Format:
220x150x4 mm
Sprache:
Englisch
Beschreibung:

This book analyzes the abrupt increase in unemployment rate despite high economic growth rates in Turkey after 2001 economic crisis. Turkey s experience has been discussed to a great extent both by scholars and policymakers. However, there is still not a complete agreement on how to tackle unemployment without retarding GDP growth. This book was originally written as a Master s Thesis during my education at Koc University and the analysis covers the period between 2001 and 2007. The analysis is kept as simple as possible though it allows to investigate the relationship between unemployment rate and economic growth. Therefore, it employs the basic Solow model with labor market frictions that are summarized by a matching technology. The parameters are calibrated for Turkey and the model is simulated. It is shown that the equilibrium unemployment rate increases when the production technology parameter starts growing significantly faster.

Kunden Rezensionen

Zu diesem Artikel ist noch keine Rezension vorhanden.
Helfen sie anderen Besuchern und verfassen Sie selbst eine Rezension.