An Investigation of Income and Wage Inequality in Turkey Using Burgernomics

28 Pages Posted: 3 Jan 2023 Last revised: 5 Oct 2023

See all articles by Mahmut Zeki Akarsu

Mahmut Zeki Akarsu

University of Warsaw

Orkideh Gharehgozli

Montclair State University - Feliciano School of Business

Vidya Atal

Montclair State University - School of Business

Date Written: December 16, 2022

Abstract

This study delves into the multifaceted issue of inequality in Turkey, analyzing overall and regional disparities, as well as wage and gender inequalities in the labor market. Through the lens of the Big Mac Index, we investigate purchasing power and discover a decrease in regional inequality between 2002 and 2020. However, our research findings indicate a widening income gap between capitalists or the working rich and workers, particularly evident after 2015. Moreover, the wage gap between male and female white-collar workers has widened since the 2018 currency crisis, while the gap between male and female blue-collar workers has shown improvement.

Keywords: Burgernomics, Big Mac Index, Inequality, Turkey

JEL Classification: D31, J71

Suggested Citation

Akarsu, Mahmut Zeki and Gharehgozli, Orkideh and Atal, Vidya, An Investigation of Income and Wage Inequality in Turkey Using Burgernomics (December 16, 2022). Available at SSRN: https://ssrn.com/abstract=4304631 or http://dx.doi.org/10.2139/ssrn.4304631

Mahmut Zeki Akarsu (Contact Author)

University of Warsaw ( email )

Orkideh Gharehgozli

Montclair State University - Feliciano School of Business ( email )

Upper Montclair, NJ 07043
United States

Vidya Atal

Montclair State University - School of Business

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