The labor force participation is important for the growth and
development by increasing the economic activities. This study aims to
investigate the socioeconomic and demographic factors and the effects of 2008 financial crisis
influencing the labor force participation decisions of individuals in working
age using discrete dependent variable panel data models. For this purpose, the
2007-2010 Income and Living Conditions Survey Panel Data Set covering the 2008
crisis is used. Since women’s labor force participation rate in Turkey is low, separate
models are estimated for men and women enabling us to compare the results. According to the findings,
the probability of labor force participation is increasing in both women and men during the crisis. The increase in
labor force participation is due to the increase in unemployment in women and
employment and unemployment in men. Having a university degree is an important determinant
of women’s labor force participation and employment. While being married and
having a child decrease the probability of labor force participation for women,
increase the probability of labor force participation for men.
Labor Supply Labor Force Participation Discrete Dependent Variable Panel Data Models Panel Logit Model Panel Multinomial Logit Model
İşgücü arzı İşgücüne Katılım Nitel Bağımlı Değişkenli Panel Veri Modelleri Panel Logit Model Panel Multinomial Logit Model
Primary Language | Turkish |
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Journal Section | Articles |
Authors | |
Publication Date | August 30, 2019 |
Submission Date | August 4, 2018 |
Published in Issue | Year 2019 Volume: 14 Issue: 2 |