Seyfettin Gürsel, Gökçe Uysal and Melike Kökkızıl
In this research brief, the effect of minimum wage increase, which came into force by January of 2016, to the labor market is examined using an updated wage data of 2013-Household Labor Force Survey released by Turkstat. It is observed that minimum wage increase will affect various groups in the labor force differently. More specifically, the data indicates considerable increases in the average wages will be observed especially among the young age 15 to 24 years and partically among women. Nonetheless, it is probable to cause adverse events such as informality and unemployment in these groups, of which unemployment and informality rates are relatively higher.
doc.ResearchBrief190
pdf. ResearchBrief190