@article{2015,title={THE IMPACTS ON EMPLOYMENT OF REEL WAGE AND GDP: TIME SERIES ANALYSIS},abstractNode={The relationship between employment and real wages and GDP are being subjects of discussion in economic literature for long period of time. Within the framework of employment, real wage and GDP, the aim of this paper is to investigate the long term relationship and direction of such a relationship. In this study, quarterly data of Turkish Industry covers period of 2005:1-2013:2 were used to analyze Granger causality and ARDL. According to empirical findings, there is a long term relationship between employment and real wages and GDP. Granger causality test suggests that there is one way Granger causality from GDP to employment. Direction of relationship supports the Keynesian perspective. According to this finding, an increase in GDP will increase employment. There is a one way causality from real wage to employment was determined. Direction of relationship supports the neoclassic view. According this, a decrease in real wages will lead to increase the level of employment.},author={Sevilay SARICA-- Ahmet Kibar ÇETİN - Murat Mustafa KUTLUTÜRK},year={2015},journal={The Journal of Academic Social Science}}