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Monetary And Fiscal Policies Effect On Health Sector And Turkey Review

Author

Listed:
  • Zahide AYYILDIZ ONARAN

    (Ä°stanbul Ãœniversitesi)

  • Esra BAL YILDIZ

    (Ä°stanbul Ãœniversitesi)

Abstract

In this study, the effects of monetary and fiscal policies on the health sector aims to examine the example of Turkey. As a result of the study, it is seen that the fiscal policy is more effective than the monetary policy because the coefficients of the variables in which the fiscalpolicy is represented are larger than the coefficients of the variables in which themonetary policy is represented . In the study, two different models were used to determine the effects of monetary and fiscal policy in order to examine the effects of monetary and fiscal policy on thehealth sector. Firstly, cointegration analysis was done through the establishedmodels, and then, the VAR model, the relationships between variables, errorcorrection model (VECM) and Impact-Response analysis were applied. As a result ofthe research, it was seen that fiscal policies are more effective and sensitive policieson the health sector compared to monetary policies.

Suggested Citation

  • Zahide AYYILDIZ ONARAN & Esra BAL YILDIZ, 2020. "Monetary And Fiscal Policies Effect On Health Sector And Turkey Review," JOURNAL OF LIFE ECONOMICS, Holistence Publications, vol. 7(4), pages 349-360, October.
    • Handle: RePEc:jle:journl:v:7:y:2020:i:4:p:349-360
    DOI: 10.15637/jlecon.7.026
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    More about this item

    Keywords

    Economics Policy; Monetary Policy; Development; Health Spending; Social Health;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets

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