IDEAS home Printed from https://ideas.repec.org/a/sos/sosjrn/140214.html
   My bibliography  Save this article

AB Ülkeleri ve Türkiye İşgücü Piyasasında Histeri Etkisi: RATCHET Modeli Analizi

Author

Listed:
  • İbrahim TOKATLIOĞLU
  • Fahriye ÖZTÜRK
  • Hakan Naim ARDOR

Abstract

In this study, the effect of hysteresis in the labor market of selected 14 EU member countries and Turkey for 1988-2011 period was analyzed. The present paper captures these effects by a simple extension of the hysteresis approach to the natural rate hypothesis of unemployment using a ratchet model with panel data. Due to the Ratchet model’s dynamic structure, Arellano-Bond system GMM was used for estimates. As a result, it was concluded that selected 14 EU member countries’ and Turkey’s labor market has hysteresis. But, in these countries hysteresis effect (or Ratchet effects) is not so strong especially before the Global crises.

Suggested Citation

  • İbrahim TOKATLIOĞLU & Fahriye ÖZTÜRK & Hakan Naim ARDOR, 2014. "AB Ülkeleri ve Türkiye İşgücü Piyasasında Histeri Etkisi: RATCHET Modeli Analizi," Sosyoekonomi Journal, Sosyoekonomi Society, issue 22(22).
    • Handle: RePEc:sos:sosjrn:140214
    as

    Download full text from publisher

    File URL: http://dergipark.gov.tr/download/article-file/197799
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Labor Market; Hysteresis Effect; Ratchet Model.;
    All these keywords.

    JEL classification:

    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sos:sosjrn:140214. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aysen Sivrikaya (email available below). General contact details of provider: http://www.sosyoekonomijournal.org/home.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.