Active Labour Market Policies and Macroeconomic Variables on Employment, Informal Employment and Income Effects: The case of Turkey

In this empirical research, the effects of macroeconomic variables and the incentive policies implemented in Turkey on the employment, informal employment and income have been investigated in Turkey. Electricity consumption (Economic Growth), the USD/TL exchange rate and inflation variables were use...

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Bibliographic Details
Published in:International journal of economics and financial issues 2022-03, Vol.12 (2), p.72-83
Main Authors: Basbuga, Halit, Kitapci, Hakan, Oguz, Enes Cengiz, Elkoca, Yusuf
Format: Article
Language:English
Subjects:
Active Labor Market Policies
Developing countries
Economic conditions
Economic crisis
Economic growth
Economic theory
Education policy
Efficiency
Employment
Employment Incentives
Energy consumption
Expenditures
Foreign exchange rates
Incentives
Income
Income distribution
Industrial Revolution
Industrialized nations
Informal Employment
International organizations
Labor force
Labor market
LDCs
Literature reviews
Macroeconomics
Occupational mobility
Variables
Workforce
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Summary:In this empirical research, the effects of macroeconomic variables and the incentive policies implemented in Turkey on the employment, informal employment and income have been investigated in Turkey. Electricity consumption (Economic Growth), the USD/TL exchange rate and inflation variables were used as the macroeconomic variables. The employment incentives that are implemented by the Laws Number 5510, 25510/16322, 26322, 6111, 14857 and 05746/15746 among the employment incentive policies implemented in Turkey were used as variables. The first lagged values of employment incentives from the Laws No. 5510, 26322 and 6111 significantly affected informal employment. The first lagged values of the variables of economic growth as the macroeconomic variable and Law No. 5510 have a positive effect on reducing informal employment. As a macro-economic variable, USD/TL exchange rate has a negative and relatively high efficiency.
ISSN:2146-4138
2146-4138
DOI:10.32479/ijefi.12789