Minimum wage and spillover effects in a minimum wage society

Basit Öğe Kaydı
dc.authoridSefil Tansever, Sinem/0000-0001-7124-8618|Yilmaz, Ensar/0000-0003-0870-1445
dc.contributor.authorSefil-Tansever, Sinem
dc.contributor.authorYilmaz, Ensar
dc.date.accessioned2024-10-12T19:42:57Z
dc.date.available2024-10-12T19:42:57Z
dc.date.issued2024
dc.departmentİstanbul Ticaret Üniversitesien_US
dc.description.abstractMinimum wage policies are widely implemented in developing countries, but their consequences remain uncertain. This study empirically investigates the impact of the minimum wage on monthly income inequality and its spillover effects in Turkey between 2004 and 2022, utilizing comprehensive micro data. We aim to shed light on the impact of national minimum wage policies by examining their diverse influences on the wage structure within the country. Our findings reveal that the minimum wage significantly reduces income disparities, particularly among formal workers at the lower and upper end of the wage distribution. While wage gaps below the median wage decline, those above it experience a slower growth rate, ultimately leading to wage convergence. Notably, this effect is more pronounced during macroeconomic instability from 2016 to 2022, compared with the relatively stable period of 2004-15. Moreover, the outcomes differ depending on individual attributes like gender, age, education, and other relevant factors. Furthermore, we observe tentative evidence of a lighthouse effect to some degree: the minimum wage seems to exert an equalizing influence on the wage structure of workers in the informal sector beyond a certain percentile.en_US
dc.identifier.doi10.1111/labr.12259
dc.identifier.endpage176en_US
dc.identifier.issn1121-7081
dc.identifier.issn1467-9914
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-85181190960en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage150en_US
dc.identifier.urihttps://doi.org/10.1111/labr.12259
dc.identifier.urihttps://hdl.handle.net/11467/8683
dc.identifier.volume38en_US
dc.identifier.wosWOS:001133363600001en_US
dc.identifier.wosqualityQ4en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherWileyen_US
dc.relation.ispartofLabour-Englanden_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmzWoS_2024en_US
dc.titleMinimum wage and spillover effects in a minimum wage societyen_US
dc.typeArticleen_US

Dosyalar

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu