IDEAS home Printed from https://ideas.repec.org/a/tcb/cebare/v14y2014i3p35-62.html
   My bibliography  Save this article

Unemployment and Vacancies in Turkey : The Beveridge Curve and Matching Function

Author

Listed:
  • Birol Kanik
  • Enes Sunel
  • Temel Taskin

Abstract

In this paper, we study the Beveridge curve and the matching function in Turkey. The analysis illustrates that the empirical Beveridge curve for the 2005:M1-2013:M2 period posits a negative relationship between unemployment and vacancies. When the sample period is divided into sub-periods around the recent global financial crisis, the unemployment-vacancies pairs are found to follow a counterclockwise trajectory (around the empirical Beveridge curve) during the transition from trough into the recovery. The estimation of the matching function implies that the congestion externality of unemployment on job finding is in line with the literature. Disaggregation of the Beveridge curve suggests that recent labor market reforms were beneficial for the targeted employment groups.

Suggested Citation

  • Birol Kanik & Enes Sunel & Temel Taskin, 2014. "Unemployment and Vacancies in Turkey : The Beveridge Curve and Matching Function," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 14(3), pages 35-62.
    • Handle: RePEc:tcb:cebare:v:14:y:2014:i:3:p:35-62
    as

    Download full text from publisher

    File URL: https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Publications/Central+Bank+Review/2014/Volume+14-3/
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    Keywords

    Household savings; Demographic change; College education; Labor force participation rates; Saving projections;
    All these keywords.

    JEL classification:

    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

    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:tcb:cebare:v:14:y:2014:i:3:p:35-62. 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: the person in charge or the person in charge or the person in charge or the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/tcmgvtr.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.