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Turkey. This contrasts with earlier studies stating that findings on wage gap between formal and informal workers is not …
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A particular challenge for the macroeconomic models is their inability to match the joint dynamics of employment, wage and output observed in the data. In this paper, we incorporate labor-leisure externalities into a standard model, as supported both by recent empirical studies in labor...
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As an emerging economy, Turkey is an interesting case study because it was one of the hardest hit countries by the … fallout from the crisis, the Central Bank of the Republic of Turkey (CBRT) decreased policy rates by an astounding 1025 basis …
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importance of precautionary saving in Turkey. The most difficult aspect of the empirical analysis is the approximation of labour …
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market imperfections. This paper presents micro evidence on the credit market imperfections in Turkey and connects these … imperfections to macro movements. First part of the paper documents the aggregate boom-bust cycles in Turkey and shows that non …
Persistent link: https://www.econbiz.de/10009157468
finding is that the wages of females in Turkey are significantly more responsive to local unemployment rates than their male …
Persistent link: https://www.econbiz.de/10009157469