Ilkkaracan, Ipek; Levent, Haluk; Polat, Sezgin - In: International Review of Applied Economics 27 (2013) 3, pp. 297-315
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...