Determinants of Expected Wages of Unemployed Workers in Turkey

İsmail  Şentürk

doi:10.4236/me.2015.67076

İsmail Şentürk

Abstract: In this study, determinants of expected wages of unemployed individuals in Turkey have been analyzed. In addition to duration of unemployment, reservation wage, and previous wage, the effect of demographic and economic factors has also been studied. The data which were obtained from 1607 individuals who were included in a nationwide survey has been analyzed by the two stage least squares method. Our findings show that previous wage, age, the level of education, the number of foreign languages spoken, the number of job offers the individual receives, and whether the individual receives state assistance determine the expected wage. Obtained results are important because they show how individuals price the variables that determine their own productivities. In addition, our study sheds light on relationships between reservation wage, duration of unemployment, previous wage, and expected wage within the context of Turkey.

Keywords: Expected Wages, Reservation Wages, Unemployment Duration, Unemployed, Turkey

Cite this paper: Şentürk, İ. (2015) Determinants of Expected Wages of Unemployed Workers in Turkey. Modern Economy, 6, 808-815. doi: 10.4236/me.2015.67076.

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