-
Views
-
Cite
Cite
Elif Karacimen, Interlinkages between credit, debt and the labour market: evidence from Turkey, Cambridge Journal of Economics, Volume 39, Issue 3, May 2015, Pages 751–767, https://doi.org/10.1093/cje/beu016
- Share Icon Share
Abstract
This article examines workers’ use of credit in the context of a developing country, Turkey, based on empirical material collected through questionnaires and interviews with workers in the metal sector. The results provide evidence of a link between workers’ debt and the type of wage employment in two ways. First, I demonstrate that insecurity of employment and income is important in determining the increased tendency to borrow and increasing the vulnerability of workers to debt service problems. Second, I reveal that debt adds new dimensions to capital labour relations by functioning as a disciplining mechanism.