Araştırma Makalesi

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

Cilt: 45 Sayı: 2 8 Aralık 2023
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DYNAMICS OF POST-SCHOOL INVESTMENT, EDUCATION AND WAGES IN TURKISH LABOR MARKET: A DESCRIPTIVE STUDY

Öz

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.

Anahtar Kelimeler

Kaynakça

  1. Acemoğlu, D., & Pischke, J.-S. (1998). The Structure of Wages and Investment in General Training. NBER working paper 6357.
  2. Becker, G., & Chiswick, B. (1966). Education and the Distribution of Earnings. The American Economic Review, Vol. 56, No. 1/2, 358-369.
  3. Blaug, M. (1976). The Emprical Status of Human Capital Theory: A Slightly Jaundicated Survey. The Journal of Economic Literature, vol. 14, No. 3, 827-855.
  4. Blundell, R., Costa Dias, M., & Goll, D. (2020). Wages, Experience and Training of Women over the Lifecycle. NBER working paper No. 25776.
  5. Cilasun, S. M., Demir-Şeker, S., Dinçer, N. N., & Tekin Koru, A. (2018). Adult Education as a Stepping-Stone to Better Jobs: An Analysis of the Adult Education Survey in Turkey. Adult Education Quarterly, Vol. 68 (4), 316-346.
  6. Constantine , J., & Neumark, D. (1994). Training and The Growth of Wage Inequality. NBER Working Paper No. 4729.
  7. Dave, D., Reichman, N., & Corman, H. (2008). Effects of Welfare Reform on Educational Acquisition of Young Adult Women. NBER Working Paper No. 14466.
  8. Dinçer, N., Tekin-Koru , A., & Aşkar, P. (2015). Investigation of Participation in Adult Education in Turkey: AES Data Analysis. MPRA Paper No. 64364.

Ayrıntılar

Birincil Dil

İngilizce

Konular

İstihdam, Çalışma Ekonomisi

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

8 Aralık 2023

Yayımlanma Tarihi

8 Aralık 2023

Gönderilme Tarihi

23 Ağustos 2023

Kabul Tarihi

24 Ekim 2023

Yayımlandığı Sayı

Yıl 2023 Cilt: 45 Sayı: 2

Kaynak Göster

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 (01 Aralık 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, c. 45, sy 2, ss. 213–233, Ara. 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 (01 Aralık 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, c. 45, sy 2, Aralık 2023, ss. 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. 01 Aralık 2023;45(2):213-3. doi:10.14780/muiibd.1397736