High unemployment rates are a concern for a country, existence of high regional unemployment differentials is another. Turkey has both. This paper using spatial and nonparametric techniques documents the wide regional unemployment disparities in Turkey from 1980 to 2000. Data indicate that the provincial unemployment rates are quite persistent and the gap across different regions widens even further with spatial clusters emerging across the country. The evidence indicates that human capital and demand deficiency are the sources of observed disparity across provinces. Furthermore, the sources of unemployment differentials have changed over time. Copyright (c) 2009 the author(s). Journal compilation (c) 2009 RSAI.
Abstract. In this paper, we use a unique micro-level data set from Istanbul to investigate the empirical relationship between inflation and price dispersion. In particular, our data set includes price observations from three distinct store types: bakkals (convenience stores), pazars (bazaars), and supermarkets. Our findings indicate that pazars exhibit the least amount of price dispersion on average, which is consistent with the fact that menu and search costs are very low in the pazar and that such sellers seem to have very little market power. Moreover, we find that several of the basic inflation-dispersion channels identified by the theoretical literature seem to be operating in our data.
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