Heterogeneous effects of minimum wage on labor market outcomes: A case study from Turkey
Autor: | Özgür Orhangazi, Enes Işık, Hasan Tekgüç |
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Přispěvatelé: | Işık, Enes, Orhangazi, Özgür, Tekgüç, Hasan |
Rok vydání: | 2020 |
Předmět: |
Organizational Behavior and Human Resource Management
Economics and Econometrics Higher education media_common.quotation_subject Wage Developing country incremental difference-indifferences 0502 economics and business Economics 050207 economics Minimum wage health care economics and organizations media_common Informal sector business.industry j21 05 social sciences j23 050209 industrial relations Oecd countries Labor policy. Labor and the state j08 HD7795-8027 minimum wage employment Industrial relations informality Demographic economics business |
Zdroj: | IZA Journal of Labor Policy, Vol 10, Iss 1, Pp 205-240 (2020) |
ISSN: | 2193-9004 |
DOI: | 10.2478/izajolp-2020-0016 |
Popis: | We assess the effects of a sharp minimum wage increase on wages, informality, and employment in Turkey, a large developing economy with one of the highest minimum wage-to-average wage ratios among OECD countries and widespread discrepancies between labor market outcomes of women and of men. We look at the quasi-experimental 2016 minimum wage increase and pay attention to identifying information coming from demographic groups. We find that the increase in the minimum wage had an economically substantial and statistically significant positive impact on wages. Despite the positive wage effects of the increase, we find no negative employment effects. However, we show that the minimum wage increase may have caused an increase in the share of informal employment among workers with less than tertiary education, especially for such workers working for small firms. |
Databáze: | OpenAIRE |
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