Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/90098
Authors: 
Sahin, Afsin
Tansel, Aysit
Berument, Hakan
Year of Publication: 
2013
Series/Report no.: 
IZA Discussion Paper 7599
Abstract: 
This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the period 1988-2008. Even if we fail to find a long-run relationship between aggregate output and total employment, there are long-run relationships for the aggregate output with non-agricultural employment and sectoral employment levels for seven of nine sectors that we consider. However, a further investigation for the output and employment relationship within a short-run perspective do not reveal statistically significant relationships for either total employment, or non-agriculture employment or the eight out of the nine sectors that we consider. Although there are various long-run relationships between output and employment, the short-run links between demand and employment are weak. The various implications of this for the economy and the labor market are discussed. As a result, maintaining high levels of output in the long-run creating the demand is essential for employment generation.
Subjects: 
seasonal cointegration
employment
output
JEL: 
C32
E24
E32
Document Type: 
Working Paper

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