Abstract
The article analyzes the direction and scope of the responsiveness of real wages to the business cycle in Turkey using longitudinal data from 2005 to 2015. We found that wages in Turkey are procyclical; one percentage point increase in the unemployment rate induces a 0.6% decline in real wages. There is a variation in the patterns along the lines of wage distribution among the subgroups with relations to skills. Less-educated workers have acyclical wages. Compatible with this evidence, we found that the workers who earn around the minimum wage also have acyclical wages. High share of minimum wage earners suppresses wage cyclicality. Consistent with strict employment protection legislation and loose wage determination, wages of relatively high-income employees who mostly have formal work arrangements are procyclical.
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Corvinus University of Budapest
Department of Economics
Fővám tér 8 Budapest, H-1093, Hungary
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| 2021 | |
|---|---|
| Web of Science | |
| Total Cites WoS |
285 |
| Journal Impact Factor | 0,939 |
| Rank by Impact Factor | Economics 326/379 |
| Impact Factor without Journal Self Cites |
0,646 |
| 5 Year Impact Factor |
0,740 |
| Journal Citation Indicator | 0,34 |
| Rank by Journal Citation Indicator | Economics 389/570 |
| Scimago | |
| Scimago H-index |
15 |
| Scimago Journal Rank |
0,285 |
| Scimago Quartile Score | Economics and Econometrics (Q3) |
| Scopus | |
| Scopus Cite Score |
1,4 |
| Scopus CIte Score Rank |
Economics and Econometrics 436/696 (Q3) |
| Scopus SNIP |
0,507 |
| 2020 | |
| Total Cites | 275 |
| WoS | |
| Journal Impact Factor |
0,875 |
| Rank by | Economics 325/377 (Q4) |
| Impact Factor | |
| Impact Factor | 0,534 |
| without | |
| Journal Self Cites | |
| 5 Year | 0,500 |
| Impact Factor | |
| Journal | 0,38 |
| Citation Indicator | |
| Rank by Journal | Economics 347/549 (Q3) |
| Citation Indicator | |
| Citable | 37 |
| Items | |
| Total | 37 |
| Articles | |
| Total | 0 |
| Reviews | |
| Scimago | 13 |
| H-index | |
| Scimago | 0,292 |
| Journal Rank | |
| Scimago | Economics and Econometrics Q3 |
| Quartile Score | |
| Scopus | 225/166=1,4 |
| Scite Score | |
| Scopus | Economics and Econometrics 392/661 (Q3) |
| Scite Score Rank | |
| Scopus | 0,668 |
| SNIP | |
| Days from | 289 |
| submission | |
| to acceptance | |
| Days from | 447 |
| acceptance | |
| to publication |
| 2019 | |
|---|---|
| Total Cites WoS |
212 |
| Impact Factor | 0,914 |
| Impact Factor without Journal Self Cites |
0,728 |
| 5 Year Impact Factor |
0,650 |
| Immediacy Index |
0,156 |
| Citable Items |
45 |
| Total Articles |
45 |
| Total Reviews |
0 |
| Cited Half-Life |
3,9 |
| Citing Half-Life |
9,5 |
| Eigenfactor Score |
0,00015 |
| Article Influence Score |
0,052 |
| % Articles in Citable Items |
100,00 |
| Normalized Eigenfactor |
0,01891 |
| Average IF Percentile |
28,437 |
| Scimago H-index |
12 |
| Scimago Journal Rank |
0,439 |
| Scopus Scite Score |
214/165=1,3 |
| Scopus Scite Score Rank |
Economics and Econometrics 355/637 (Q3) |
| Scopus SNIP |
0,989 |
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The system paradigm revisited
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