Determinants of Expected Wages of Unemployed Workers in Turkey

Autor:	İsmail Şentürk
Rok vydání:	2015
Předmět:	Reservation wage Labour economics media_common.quotation_subject Efficiency wage Unemployment Instrumental variable Wage Economics Context (language use) Duration (project management) Nationwide survey health care economics and organizations media_common
Zdroj:	Modern Economy. :808-815
ISSN:	2152-7261 2152-7245
DOI:	10.4236/me.2015.67076
Popis:	In this study, determinants of expected wages of unemployed individuals in Turkey have been analyzed. In addition to duration of unemployment, reservation wage, and previous wage, the effect of demographic and economic factors has also been studied. The data which were obtained from 1607 individuals who were included in a nationwide survey has been analyzed by the two stage least squares method. Our findings show that previous wage, age, the level of education, the number of foreign languages spoken, the number of job offers the individual receives, and whether the individual receives state assistance determine the expected wage. Obtained results are important because they show how individuals price the variables that determine their own productivities. In addition, our study sheds light on relationships between reservation wage, duration of unemployment, previous wage, and expected wage within the context of Turkey.
Databáze:	OpenAIRE
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