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Journals / Sosyoekonomi / 2022 / Cilt: 30 - Sayı: 54

The Effects of Macroeconomic Factors and Population on Unemployment: Panel Data Analysis on OECD Countries

Temel Makroekonomik Faktörler ve Nüfusun İşsizliğe Etkileri: OECD Ülkeleri Üzerine Panel Veri Analizi

Aylin ALKAYA
Perihan IŞIK
Pages
497–539
Publication Date
2022-10-25
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

As a result of the panel regression analysis, it was determined that openness, public size, investment, inflation, labour market regulations and the population had a statistically significant effect on all dimensions of unemployment.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The study aims to investigate the effect of the macroeconomic factors of inflation, public size, investment, openness, and labour market regulations, and the effect of demographic factors of population size on unemployment dimensions.
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Key Findings & Data:Panel data analysis was applied based on panel data of study variables of OECD member countries for the period of 2010-2018.
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Conclusion & Impact:As a result of the panel regression analysis, it was determined that openness, public size, investment, inflation, labour market regulations and the population had a statistically significant effect on all dimensions of unemployment.
🔬Design:Research Article
📍Scope:2010-2018 Verileri
⚙️Variables:İşsizlik · Enflasyon · Kamu Büyüklüğü

Abstract

The study aims to investigate the effect of the macroeconomic factors of inflation, public size, investment, openness, and labour market regulations, and the effect of demographic factors of population size on unemployment dimensions. The unemployment dimensions of total unemployment, youth unemployment, female unemployment, educated unemployment and long-term unemployment dimensions were handled in this study. Panel data analysis was applied based on panel data of study variables of OECD member countries for the period of 2010-2018. The aim of the study was tried to be executed by panel regression analysis, which is one of the panel data analyses. As a result of the panel regression analysis, it was determined that openness, public size, investment, inflation, labour market regulations and the population had a statistically significant effect on all dimensions of unemployment.

Özet

Çalışmanın amacı, işsizlik boyutları üzerinde makroekonomik faktörlerden enflasyon, kamu büyüklüğü, yatırım, dışa açıklık, işgücü piyasası düzenlemeleri ve demografik faktörlerden nüfusun etkisini araştırmaktır. Çalışmada işsizliğin; toplam işsizlik, genç işsizlik, kadın işsizlik, eğitimli işsizlik ve uzun dönem işsizlik boyutları ele alınmıştır. OECD üyesi ülkelerin 2010-2018 dönemine ait çalışma değişkenleri panel verilerine dayalı panel veri analizi uygulanmıştır. Panel veri analizlerinden biri olan panel regresyon analiziyle çalışmanın amacı gerçekleştirilmeye çalışılmıştır. Panel regresyon analizi sonucunda dışa açıklık, kamu büyüklüğü, yatırım, enflasyon, işgücü piyasası düzenlemeleri ve nüfusun işsizliğin tüm boyutları üzerinde birlikte istatistiksel olarak anlamlı etkisinin olduğu belirlenmiştir.

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Cite This Article

ALKAYA, A., IŞIK, P. (2022). The Effects of Macroeconomic Factors and Population on Unemployment: Panel Data Analysis on OECD Countries. Sosyoekonomi, Cilt: 30 - Sayı: 54, 497–539. https://ajindex.com/articles/700226

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