Coşar, Evren Erdoğan; Yavuz, Ayşe Arzu - In: Central Bank review / Central Bank of the Republic of Turkey 21 (2021) 2, pp. 59-69
This study examines the asymmetric relationships between demographic characteristics of labor market variables and Gross Domestic Product (GDP) in the Turkish economy. Both expansions and recessions are considered in a Markov Switching (MS) model, using quarterly data between 1989 and 2019....
