The impact of age-specific minimum wages on youth employment and education: a regression discontinuity analysis

Dayıoğlu, Meltem; Kucukbayrak, Muserref; Tümen, Semih

doi:10.1108/ijm-02-2021-0079

Cited by 10 publications

(6 citation statements)

References 59 publications

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“…Estimates based on a shorter and more recent time span show that cyclical sensitivities have increased, suggesting that the capacity of the Turkish economy to create jobs has strengthened in recent years. The results are broadly in line with more elaborate models that allow for an asymmetric relationship between GDP growth and unemployment and employment (Coşar and Yavuz, 2021 [13]).…”

Section: Resultssupporting

confidence: 85%

Labour market and education reforms are needed to create more and better jobs in Türkiye

2023

OECD Economics Department Working Papers

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Labour market and education reforms are needed to create more and better jobs in TürkiyeThe Turkish economy grew strongly over the past two decades and created many jobs. However, given its young and growing workforce, Türkiye needs to ramp up efforts to achieve high-quality formal job creation. A sizeable share of the workforce, mostly female workers, does not actively participate in the labour market. While informality has decreased significantly, it is still widespread and entrenches productivity differences across firms. Rigid labour market rules, particularly the high severance pay but also minimum wages, impede formal job creation. More flexible labour markets should be part of a comprehensive reform programme that shifts job loss protection to a broader-based unemployment insurance scheme, supported by well-designed activation policies. While educational attainment has risen impressively, a growing number of vacancies, significant skill mismatches and a low level of adult skills highlight the need to address the quality of education and to improve on the matching of talent to jobs.

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Section: Resultssupporting

confidence: 85%

Labour market and education reforms are needed to create more and better jobs in Türkiye

2023

OECD Economics Department Working Papers

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“…Following the literature (Clemens & Strain, 2021; Dayioglu‐Tayfur et al, 2022; Dustmann et al, 2021), to confirm the power of the above analysis, the minimum detectable effect (MDE) size for the performance outcome for the quantitative and non‐quantitative modules is calculated using the formula:

italicMDE goodbreak= ()(, t_{α} goodbreak- t_{β}) * \sqrt{\frac{{()(, σ_{italicpop})}^{2}}{n_{t}} + \frac{{()(, σ_{italicpop})}^{2}}{n_{c}}}

where MDE is the minimum detectable effect which reflects the smallest possible effect that a statistical test could detect for a given Type‐I error, α and Type‐II error, β ;

t_{a}, t_{β}

denote the t‐value which corresponds to the desired significance level, α and desired power of the design (1‐ β );

{(σ_{pop})}^{2}

shows the variance of the outcome variable;

n_{t}, n_{c}

refer to the sample size of the treatment and control groups respectively. The MDE, measured as the difference in outcomes between a control and an experimental group or as the proportion for the experimental group, is the minimum effect size that can be distinguished from a null effect.…”

Section: Methodsmentioning

confidence: 99%

“…Following the literature (Clemens & Strain, 2021;Dayioglu-Tayfur et al, 2022;Dustmann et al, 2021), to confirm the power of the above analysis, the minimum detectable effect (MDE) size for the performance outcome for the quantitative and non-quantitative modules is calculated using the formula:…”

Section: Minimum Detectable Effectmentioning

confidence: 99%

University attendance and academic performance: Encouraging student engagement

Lucey

Grydaki

2022

Scottish J Political Eco

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Absenteeism in higher education has motivated the investigation of its effect on academic performance. This paper examines the effect of implementing an incentive scheme on seminar PPA (prior preparation and attendance) and performance focusing on a cohort of international postgraduate students over two academic years in two conversion economics (quantitative and non‐quantitative) modules at a Scottish business school. The results show that the scheme leads to an increase in the class PPA in both modules and in the probability of passing the quantitative module, however academic performance is affected at a lesser extent.

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“…the government abolished the youth rate, meaning 15-year-old workers were eligible for the full adult minimum wage rate. Using data from the Survey of Income and Living Conditions from 2012 to 2017, Dayioglu et al (2022) investigate the impact of the abolition of the sub-minimum youth rate wage on youth employment. They find that the increase in minimum wage reduced the employment probability of 15-year-old boys by 21-26 percentage points, as the employers decided to replace this group of workers with more experienced/older workers at the same wage cost.…”

Section: Literature On the Impacts Of Sub-minimum Youth Ratesmentioning

confidence: 99%

Sub-minimum wages in Ireland

Redmond,

Staffa,

Ciprikis

et al. 2023

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The mission of the Economic and Social Research Institute (ESRI) is to advance evidence-based policymaking that supports economic sustainability and social progress in Ireland. ESRI researchers apply the highest standards of academic excellence to challenges facing policymakers, focusing on ten areas of critical importance to 21st Century Ireland.The Institute was founded in 1960 by a group of senior civil servants led by Dr T.K. Whitaker, who identified the need for independent and in-depth research analysis to provide a robust evidence base for policymaking in Ireland.Since then, the Institute has remained committed to independent research and its work is free of any expressed ideology or political position. The Institute publishes all research reaching the appropriate academic standard, irrespective of its findings or who funds the research.The quality of its research output is guaranteed by a rigorous peer review process. ESRI researchers are experts in their fields and are committed to producing work that meets the highest academic standards and practices.The work of the Institute is disseminated widely in books, journal articles and reports. ESRI publications are available to download, free of charge, from its website. Additionally, ESRI staff communicate research findings at regular conferences and seminars.The ESRI is a company limited by guarantee, answerable to its members and governed by a Council, comprising up to 14 members who represent a crosssection of ESRI members from academia, civil services, state agencies, businesses and civil society. The Institute receives an annual grant-in-aid from the Department of Public Expenditure and Reform to support the scientific and public interest elements of the Institute's activities; the grant accounted for an average of 30 per cent of the Institute's income over the lifetime of the last Research Strategy. The remaining funding comes from research programmes supported by government departments and agencies, public bodies and competitive research programmes.

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The impact of age-specific minimum wages on youth employment and education: a regression discontinuity analysis

Cited by 10 publications

References 59 publications

Labour market and education reforms are needed to create more and better jobs in Türkiye

Labour market and education reforms are needed to create more and better jobs in Türkiye

University attendance and academic performance: Encouraging student engagement

Sub-minimum wages in Ireland

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