THE GLOBAL CRISIS OF 2008 AND INVESTIGATION OF THE REACTION OF OTHER MACROECONOMIC FACTORS TO A SHOCK ON THE UNEMPLOYMENT FACTOR OF THE COUNTRIES: AN APPLICATION ON DEVELOPED AND DEVELOPING COUNTRIES

Çelik, Gülşah GençerArslan, MerveArslan, Hamide2024-03-132024-03-1320212602-3377https://search.trdizin.gov.tr/yayin/detay/504634https://hdl.handle.net/20.500.12662/2522All countries of the world were affected by the global mortgage crisis that took place in 2008. It is referred to as the new generation financial crisis type. Underdeveloped countries were more affected by the crises experienced in the past, whereas the 2008 crisis affected the developed economies more deeply. 31 countries were selected in this study. In the study, 18 developed countries and 13 developing countries were included. The changes in unemployment rates of countries in the post-crisis period are discussed. Then, it is aimed to investigate the reactions of other macroeconomic factors to a shock in the unemployment factor of countries with VAR analysis.eninfo:eu-repo/semantics/openAccessTHE GLOBAL CRISIS OF 2008 AND INVESTIGATION OF THE REACTION OF OTHER MACROECONOMIC FACTORS TO A SHOCK ON THE UNEMPLOYMENT FACTOR OF THE COUNTRIES: AN APPLICATION ON DEVELOPED AND DEVELOPING COUNTRIESArticle48424725046345