2008 Küresel Finans Krizi Sonrası Türkiye’de Uygulanan Kamu Harcama Politikalarının İstihdam Oranları Üzerine Etkisi

After the 2008 Global Financial Crisis in Turkey Emerging Public Expenditure Policies Impact on Employment Rates

Özet

2008 yılında ABD’de başlayan finansal kriz küreselleşme ve entegre ekonomilerin bir sonucu olarak Türkiye dahil olmak üzere tüm dünyayı etkisi altına almıştır. ABD’de mortgage piyasalarında riskli ve geri dönmeyen kredilerin yol açtığı kriz, finansal ve reel piyasaları küresel çapta olumsuz bir şekilde etkilemiştir. Bu çerçevede krizin ekonomiler üzerindeki olumsuz etkilerini giderebilmek adına ülkeler çeşitli para ve maliye politikaları geliştirmişlerdir.

Abstract

The global financial crisis, which began in USA in 2008, had effected the whole world countries including Turkey as a result of globalization and integrated economies. The crisis caused by risky and non-returnable loans in mortgage markets in the United States negatively affected financial and real markets globally. In this framework, countries developed various monetary and fiscal policies in order to mitigate the adverse effects of the crisis on economies. In this study, the relationship between the public expenditure, a significant instrument of fiscal policies implemented by the government, and the employment rates for the post-crisis period is explained. In addition to this explanation, the relationship between public expenditure and employment rates between 2006Q1-2016Q4 was analyzed according to the Toda- Yamamoto Granger causality test. As a result, unidirectional causality running from post- crisis public expenditure policies to employment rates is determined

Anahtar kelimeler: Kamu Harcamaları, İstihdam Oranları, Toda – Yamamoto Granger Nedensellik Testi