The Skill Wage Premium in the Turkish Labor Market from The Race Between Technology and Education Perspective

Küçük Resim Yok

Tarih

2022

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Springer

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

In Turkey, a dramatic surge in the number of university graduates has increased the share of skilled labor in the workforce over the last two decades. This study aims to analyze the effects of this change on the skill wage premium by using Goldin and Katz’s (The race between education and technology. Belknap for Harvard University Press, 2008) framework in The Race between Education and Technology. In contrast with previous studies on developed economies, our results show that the skill wage premium is declining in Turkey, with the primary reasons being supply-related factors and the significant rise in the real minimum wage. This indicates that no significant change in the Turkish labor market’s skill demand in the 2004–2019 period originated from skill-biased technological change. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Açıklama

Anahtar Kelimeler

Skill Wage Premium, Skill-Biased Technological Change, Skilled Labor Supply, Turkish Labor Market, Wage Gap

Kaynak

International Series in Operations Research and Management Science

WoS Q Değeri

Scopus Q Değeri

N/A

Cilt

326

Sayı

Künye