期刊名称:Selcuk Universitesi Sosyal Bilimler Enstitusu Dergisi
印刷版ISSN:1302-1796
出版年度:2004
期号:12
页码:101-109
出版社:Selcuk University
摘要:We observed that simultaneously experienced two undesired thing, namely inflation and unemployment in 2001. In this study, based upon that fact, we try toexplain whether or not Turkey experienced this problem defined as stagflation in the literature. In order to test that, we applied structural change test by using ordinary least square (OLS) method. Our findin indicates that Turkey experienced a structural change in 2001, and long-term Phillips curve shifted to the left, and also unemployment increased in recession for that particular period in Turkey.
关键词:Unemployment, Wage-rate, Inflation, Phillips curve, IMF