We investigate the impact of a substantial minimum wage increase, which became effective in January 2016, on consumer loans in Turkey. Using bank-level data and designing an original identification strategy, we ask whether the loans provided by banks with a historically high share of low-wage...

We exploit an age-specific minimum wage rule-which sets a lower minimum wage for workers of age 15 than the adult minimum wage paid to workers of age 16 and above-and its abolition to estimate the causal effect of a minimum wage increase on youth employment and education in Turkey. Using a...

We exploit an age-specific minimum wage rule – which sets a lower minimum wage for workers of age 15 than that for workers of age 16 and above in Turkey – and its abolition to estimate the causal effect of a minimum wage increase on youth employment and education. Using a regression...

We investigate the impact of a substantial minimum wage increase, which became effective in January 2016, on consumer loans in Turkey. Using bank-level data and designing an original identification strategy, we ask whether the loans provided by banks with a historically high share of low-wage...

We investigate the impact of a substantial minimum wage increase, which became effective in January 2016, on consumer loans in Turkey. Using bank-level data and designing an original identification strategy, we ask whether the loans provided by banks with a historically high share of low-wage...

We exploit an age-specific minimum wage rule - which sets a lower minimum wage for workers of age 15 than that for workers of age 16 and above in Turkey - and its abolition to estimate the causal effect of a minimum wage increase on youth employment and education. Using a regression...