EDUCATION, EXPERIENCE AND MALE-FEMALE WAGE DIFFERENTIALS AFTER 2001 CRISIS

Authors : Selahahtin GÜRİŞ, Ebru ÇAĞLAYAN, İrem SAÇAKLI

Pages : 259-270

Doi:10.14783/maruoneri.678684

View : 22 | Download : 13

Publication Date : 2009-01-10

Article Type : Research Paper

Abstract :This paper investigates the differentials in returns to education, returns to experience using the mincerian wage equation by using OLS and quantile regression after 2001 crisis in Turkey. The analysis is carried out using the 2002, 2003, 2005 and 2006 Turkish Household Labor Force Surveys to examine the effects of crisis on the wage differentials. The results show that returns to education for women is higher than for men. It is observed that men definitely have higher returns to experience than women in the years 2002 and 2003. When alt data have been explored, obvious differences can be seen in wage structure after the crisis, especially in 2003. Consequently when wage structures in countries that have gone through economic crisis are explored, these periods needs to be taken into consideration so that more detailed information can be gathered about wage differentials.
Keywords : Educational Economics, Human Capital, Rate of Return, Wage Differentials, Quantile Regression