This study investigates heterogeneous treatment effects of compulsory education reform in Turkey on demand for education and labour supply decisions across gender groups and family status using a Regression Discontinuity Design. Although increasing the compulsory schooling years has successfully narrowed the gender gap in labour supply, we find that this effect was only through higher labor force participation of single women and women without children. In other words, our results signify that marriage and fertility have shadowed the human capital effect of higher education. Therefore, policymakers should mainly focus on supply-side policies to mitigate family barriers to raise female labour force participation in Turkey. JEL Classification: J12, J13, J22, J24

Declared as a pandemic on March 11, 2020, COVID-19 caused a “sudden stop” in the world economy, resulting in both supply and demand shock. Most of the countries responded by monetary expansion to tackle the global economic issue. In this study we aim to find the impacts of these economic policies during COVID 19 on global economy. Our sample includes 33 of OECD countries. We estimate the impact of monetary expansion on the real economy with a linear regression model. The results show that the monetary policy has positively and significantly impacted economic growth even after controlling for fiscal policies.