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...

We compute the optimal non-linear tax policy for a dynastic economy with uninsurable risk, where generations are linked by dynastic wealth accumulation and correlated incomes. Unlike earlier studies, we take full account of the welfare distribution along the transition to the new steady state...

Over the last decade, alongside high unemployment rates, the number of discouraged workers remained high in Turkey despite high growth rates. Moreover, the ratio of men among discouraged workers is relatively high compared with other OECD countries, where discouragement is thought to be related...

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...