Research Article

DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY

Volume: 45 Number: 2 December 8, 2023
TR EN

DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY

Abstract

Although Human Capital Theory asserts post-school investment as an important mechanism in the wage differentials, it is not adequately scrutinized by the literature. Post-school investment is linked to demographic factors like gender, age, education, marital status, etc., and has a dual effect in the wage differentials of individuals (Blaug, 1976; Mincer J. A., 1974a; Polachek, 1975; Rodríguez, Saltiel, & Urzua, 2018). Moreover, PSI can mediate the effect of education on wages which has been widely discussed in the literature. In light of these, this study aims to understand the dynamics of post-school investment, education, and wages in relation with other demographics ignoring the causal relationship between these variables using Adult Education Survey (TURKSTAT, 2007). Results indicate that PSI is high for observations who are young, non-married, women, high wage earner, non-routine job holder, and vocational collage school graduate. Interestingly, results indicate that low wage earners have to invest on their human capital to compete in the labor market against job losses most probably as they are low skilled workers, and their abilities are prone to depreciation easily. Moreover, men can earn more than women, even if they have a lower education level.

Keywords

References

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Details

Primary Language

English

Subjects

Employment, Labor Economics

Journal Section

Research Article

Early Pub Date

December 8, 2023

Publication Date

December 8, 2023

Submission Date

August 23, 2023

Acceptance Date

October 24, 2023

Published in Issue

Year 2023 Volume: 45 Number: 2

APA
Kul Gelal, H. (2023). DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 45(2), 213-233. https://doi.org/10.14780/muiibd.1397736
AMA
1.Kul Gelal H. DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2023;45(2):213-233. doi:10.14780/muiibd.1397736
Chicago
Kul Gelal, Hande. 2023. “DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY”. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi 45 (2): 213-33. https://doi.org/10.14780/muiibd.1397736.
EndNote
Kul Gelal H (December 1, 2023) DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi 45 2 213–233.
IEEE
[1]H. Kul Gelal, “DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY”, Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, vol. 45, no. 2, pp. 213–233, Dec. 2023, doi: 10.14780/muiibd.1397736.
ISNAD
Kul Gelal, Hande. “DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY”. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi 45/2 (December 1, 2023): 213-233. https://doi.org/10.14780/muiibd.1397736.
JAMA
1.Kul Gelal H. DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2023;45:213–233.
MLA
Kul Gelal, Hande. “DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY”. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi, vol. 45, no. 2, Dec. 2023, pp. 213-3, doi:10.14780/muiibd.1397736.
Vancouver
1.Hande Kul Gelal. DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2023 Dec. 1;45(2):213-3. doi:10.14780/muiibd.1397736

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