This paper evaluates the impact of an employment subsidy scheme covering employers' social contribution costs on registered employment in small firms in Turkey. It utilizes a rich, firm-level administrative data set with monthly frequency, which allows for closely following the dynamics of...

Inflation is typically measured using aggregate price indices that are based on bundles of goods and services sold or consumed by the "median" agent. In the case of households, in particular, budget shares vary substantially across income and demographic groups. Assessing how inflation behaves...

Fiscal policy is central to not only macroeconomic stability and growth, but also to poverty and inequality reduction. This paper provides the most comprehensive assessment of the distributional incidence of Turkey's fiscal policy to date. It analyzes the combined and individual incidence of...