A flexible nonlinear inference to Okun’s law for Turkish economy in the last decade

The study applies the flexible nonlinear inference approach of James D. Hamilton (2001) to investigate the relationship between cyclical components of unemployment and output in the Turkish economy where the unemployment rate remains at double digits despite the relatively stable economic environmen...

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Bibliographic Details
Main Authors: Arabaci Özer, Arabaci Rabihan Yuksel
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2018-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2018/1452-595X1800026A.pdf