Poverty and Income Distribution Incidence of the Covid-19 Outbreak: Investigating Socially Responsible Policy Alternatives for Turkey

dc.authorid Yeldan, A Erinc/0000-0002-3123-4374
dc.authorid Tekgüç, Hasan/0000-0002-3902-4486
dc.authorid Unsal, Ezgi B./0000-0002-0904-5059
dc.authorwosid Yeldan, A Erinc/AAA-4707-2022
dc.authorwosid Tekgüç, Hasan/C-9910-2019
dc.contributor.author Tekguc, Hasan
dc.contributor.author Tekgüç, Hasan
dc.contributor.author Unsal, Ezgi B.
dc.contributor.author Yeldan, Erinc
dc.date.accessioned 2023-10-19T15:12:25Z
dc.date.available 2023-10-19T15:12:25Z
dc.date.issued 2023
dc.department-temp [Tekguc, Hasan; Yeldan, Erinc] Kadir Has Univ, Dept Econ, Istanbul, Turkey; [Unsal, Ezgi B.] Kadir Has Univ, Econ Dept, Istanbul, Turkey en_US
dc.description.abstract To counterbalance the deep systemic global crisis triggered by the COVID-19, many countries introduced a vast arsenal of fiscal policy instruments coupled with monetary accommodation. Yet, Turkey's response had almost exclusively relied on credit expansion and loan guarantees while minimizing the role of fiscal policy. Within that context, this article has three interrelated objectives. Firstly, we evaluate the effects of the crisis and the implemented policies on poverty and income distribution. Second, we measure the macroeconomic impacts of COVID-19 on the Turkish economy through a general equilibrium model. We find that these policies had a limited impact on reducing crisis-induced poverty. Finally, we propose alternatives to mitigate the effects of the COVID-19 crisis, which are compatible with fiscal constraints. Our results suggest that by pursuing a targeted fiscal income transfer programme covering wage earners and small-sized enterprises, Turkey could have achieved a more egalitarian and effective response to the Covid-19 crisis. en_US
dc.description.sponsorship Scientific And Technological Research Council Of Turk (TubitakSOBAG) [120K541] en_US
dc.description.sponsorship This work was supported by The Scientific And Technological Research Council Of Turk (TubitakSOBAG) under Project no 120K541 en_US
dc.identifier.citationcount 1
dc.identifier.doi 10.1080/14683857.2022.2087852 en_US
dc.identifier.endpage 363 en_US
dc.identifier.issn 1468-3857
dc.identifier.issn 1743-9639
dc.identifier.issue 2 en_US
dc.identifier.scopus 2-s2.0-85132439362 en_US
dc.identifier.scopusquality Q1
dc.identifier.startpage 339 en_US
dc.identifier.uri https://doi.org/10.1080/14683857.2022.2087852
dc.identifier.uri https://hdl.handle.net/20.500.12469/5440
dc.identifier.volume 23 en_US
dc.identifier.wos WOS:000812660600001 en_US
dc.identifier.wosquality Q2
dc.khas 20231019-WoS en_US
dc.language.iso en en_US
dc.publisher Routledge Journals, Taylor & Francis Ltd en_US
dc.relation.ispartof Southeast European and Black Sea Studies en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/openAccess en_US
dc.scopus.citedbyCount 2
dc.subject Covid 19 crisis en_US
dc.subject Turkey en_US
dc.subject socially relevant policy en_US
dc.subject labour en_US
dc.subject applied general equilibrium en_US
dc.subject income distribution en_US
dc.title Poverty and Income Distribution Incidence of the Covid-19 Outbreak: Investigating Socially Responsible Policy Alternatives for Turkey en_US
dc.type Article en_US
dc.wos.citedbyCount 1
dspace.entity.type Publication
relation.isAuthorOfPublication 65b30906-4ef5-49b1-a10e-f86c44eb7b0d
relation.isAuthorOfPublication.latestForDiscovery 65b30906-4ef5-49b1-a10e-f86c44eb7b0d

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