Betam: Asymmetric Labor Market Effects of the 2008-2009 Crisis

Bahçeşehir Üniversitesi Ekonomik ve Toplumsal Araştırmalar Merkezi, Prof. Dr. Seyfettin Gürsel ve Yrd. Doç. Dr. Gökçe Uysal-Kolaşin tarafından hazırlanan "Asymmetric Labor Market Effects of the 2008-2009 Crisis" başlıklı sunumu yayınlamıştır.


 Betam: Asymmetric Labor Market Effects of the 2008-2009 Crisis

Structural particularities make Turkish LM prone to asymetric shocks.

•        Low female participation rate:

            Given that the urban female LFPR is very low at 19.8% in 2007,

            there is room for a strong added worker effect.

•        Low coverage of unemployment protection:

            Only 13.8% of unemployed benefited from unemployment insurance in 2009.

            Lower unemployment insurance implies a stronger added worker effect.

•        Large informality:

            Low firing costs of unregistered wage earners.

•        Large agricultural employment:     

            23.6% of total employment in 2007.

 
read full presentation:
http://betam.bahcesehir.edu.tr/tr/2011/01/asymmetric-labor-market-effects-of-the-2008-2009-crisis/