nep-cwa New Economics Papers
on Central and Western Asia
Issue of 2016‒06‒25
three papers chosen by
Sultan Orazbayev
UCL

  1. The Causal Effect of Education on Health Behaviors: Evidence From Turkey By Tansel, Aysit; Karaoglan, Deniz
  2. The Effects of Compulsory Schooling Laws on Teenage Marriage and Births in Turkey* By Murat G. Kýrdar; Meltem Dayýoðlu; Ýsmet Koç
  3. Monetary Policy Rules in Emerging Countries: Is There an Augmented Nonlinear Taylor Rule? By Guglielmo Maria Caporale; Abdurrahman Nazif Catik; Mohamad Husam Helmi; Faek Menla Ali; Coskun Akdeniz

  1. By: Tansel, Aysit; Karaoglan, Deniz
    Abstract: This study provides causal effect of education on health behaviors in Turkey which is a middle income developing country. Health Survey of the Turkish Statistical Institute for the years 2008, 2010 and 2012 are used. The health behaviors considered are smoking, alcohol consumption, fruit and vegetable consumption, exercising and one health outcome namely, the body mass index (BMI). We examine the causal effect of education on these health behaviors and the BMI Instrumental variable approach is used in order to address the endogeneity of education to health behaviors. Educational expansion of the early 1960s is used as the source of exogenous variation in years of schooling. Our main findings are as follows. Education does not significantly affect the probability of smoking or exercising. The higher the education level the higher the probability of alcohol consumption and the probability of fruit and vegetable consumption. Higher levels of education lead to higher BMI levels. This study provides a baseline for further research on the various aspects of health behaviors in Turkey.
    Keywords: Turkey, Health Behaviors, Education, Instrumental Variable Estimation
    JEL: I10 I12 I19
    Date: 2016–06–20
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:72146&r=cwa
  2. By: Murat G. Kýrdar; Meltem Dayýoðlu; Ýsmet Koç
    Date: 2016–01
    URL: http://d.repec.org/n?u=RePEc:bou:wpaper:2016/01&r=cwa
  3. By: Guglielmo Maria Caporale; Abdurrahman Nazif Catik; Mohamad Husam Helmi; Faek Menla Ali; Coskun Akdeniz
    Abstract: This paper examines the Taylor rule in five emerging economies, namely Indonesia, Israel, South Korea, Thailand, and Turkey. In particular, it investigates whether monetary policy in these countries can be more accurately described by (i) an augmented rule including the exchange rate, as well as (ii) a nonlinear threshold specification (estimated using GMM), instead of a baseline linear rule. The results suggest that the reaction of monetary authorities to deviations from target of either the inflation or the output gap varies in terms of magnitude and/or statistical significance across the high and low inflation regimes in all countries. In particular, the exchange rate has an impact in the former but not in the latter regime. Overall, an augmented nonlinear Taylor rule appears to capture more accurately the behaviour of monetary authorities in these countries.
    Keywords: Taylor rule, nonlinearities, emerging countries
    JEL: C13 C51 C52 E52 E58
    Date: 2016
    URL: http://d.repec.org/n?u=RePEc:diw:diwwpp:dp1588&r=cwa

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