This paper aims to compare the trajectories of selected newly industrialising countries in terms of structural change. Using an exploratory method of data analysis, the comparative closeness of the economies is studied over time. The results show that industrialisation is a necessary, albeit...

We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocation of the workers. It follows that our results give a rationale to informality-reducing policies.

Augmenting a Mincerian earnings function with regional data we estimate both private and external returns to education in Turkey using Instrumental Variables, Ordinary Least Squares, Quantile Regression and Instrumental Variables Quantile Regression methods. Our results indicate a median...

In this paper we use Turkish household labor force data to address a number of conceptual issues pertaining to the wage curve, an empirically derived negative relationship between the real wage level and the local unemployment rate. First, we show that in developing economies where labor markets...

This paper begins with a historical overview of the Turkish educational system. We then use Data Envelopment Analysis (DEA) and econometric methods to evaluate the system's efficiency. In doing so we identify scale diseconomies and relate them to underlying structural characteristics of the...