KIRILGAN BEŞLİ ÜLKELER İÇİN PHILLIPS EĞRİSİ ANALİZİ
PHILLIPS CURVE ANALYSIS FOR FRAGILE FIVE COUNTRIES
Author(s): Mustafa Kirca, Şerif CanbaySubject(s): National Economy, Labor relations, Human Resources in Economy
Published by: Haci Mustafa Paksoy
Keywords: Inflation; Unemployment; Phillips Curve; Fragile Five; Kónya Panel Causality Tests;
Summary/Abstract: This study aims to investigate the relationship between inflation and unemployment. For this purpose, Brazil, Indonesia, India, South Africa and Turkey, which are called fragile five, are examined. In the study, the variables between inflation and unemployment will be analysed with Kónya (2006) panel causality test with the help of the data of 1991-2019 period. According to the findings of the study, there is a negative causality from the unemployment rate to the inflation rate in India and a negative causality from the inflation rate to the unemployment rate in Turkey. There is no causality in other countries.
Journal: İktisadi İdari ve Siyasal Araştırmalar Dergisi (İKTİSAD)
- Issue Year: 5/2020
- Issue No: 12
- Page Range: 130-140
- Page Count: 11
- Language: Turkish