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Spatial pseudo panel data models with an application to mincer wage equations

Authors: GÜRİŞ, SELAHATTİN;

Spatial pseudo panel data models with an application to mincer wage equations

Abstract

The studies using Mincer equations are generally applied to cross-sectional data at the micro-level. There are however limited studies conducted with macro or panel data for wage equations. Pseudo panel data methods can be applied to empirical studies by creating cohorts from repeated cross-sectional data in the absence of genuine panel data. Difference in both the human and labour resources according to the spatial positions may also affect the prediction of the wage equations. We aim to introduce the application of spatial pseudo panel models by creating cohorts according to the birth years of employees and regions in which they live from the Turkish household labour survey for the period 2010-2015. As a result, we find that the spatial autocorrelation model is appropriate for wage equations of Turkey. We also find that return of education on wages is 11% while return of experience on wages is 4%.

Country
Turkey
Related Organizations
Keywords

CURVE, Economics and Econometrics, Social Sciences and Humanities, ECONOMICS, Social Sciences (SOC), Economics, ECONOMICS & BUSINESS, Economics, Econometrics and Finance (miscellaneous), İktisat, Social Sciences & Humanities, Mincer wage equations, spatial econometrics, Ekonomi ve İş, Sosyal Bilimler (SOC), Sosyal ve Beşeri Bilimler, pseudo panel data, EKONOMİ, General Economics, Econometrics and Finance

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
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