Template-Type: ReDIF-Article 1.0 Author-Name: Emre Şakar Author-Name: Mahmut Ünsal Şaşmaz Title: Public-Private Sector Wage Differentials: The Case of Nigeria Publication-Status: Published Abstract: The public and private sector labor markets may operate differently in some countries. Due to the fact that the public sector in some cases makes up a significant share of wage employment, wage settings and other employment practices in the overall labor market may be influenced by the efficiency of the public sector labor markets. For this reason, many scholars paid close attention to this topic and examined the public – private sector wage differentials in developed and developing countries. This study estimates Mincerian wage equations in public and private sector in Nigeria. The data of this study come from the 2012-2013 Nigeria General Household (GHS) Survey-Panel Wave 2, Post Planting Household Questionnare. The results are consistent with Tansel (2005) as well as the current literature. Education and experience coefficient estimates are positively statistically significant for public and private sectors. In both public and private sectors, the rate of return to education is higher than the rate of return to experience. In addition, estimated coefficients suggest that individuals working in private sector have a lower rate of return to experience and education compared to individuals working in public sector. Keywords: Public-private sector wages; public sector; private sector; Nigeria Journal: International Journal of Applied Economic and Finance Studies Pages: 1-8 Volume: 2 Issue: 2 Year: 2017 Month: December DOI: 10.68099/ijaefs.2017.102 File-URL: https://journal.bauderpress.org.tr/index.php/ijaefs/en/article/view/102 File-Function: Abstract page File-Format: text/html File-URL: https://journal.bauderpress.org.tr/index.php/ijaefs/en/article/download/102/39 File-Function: Full text File-Format: application/pdf Handle: RePEc:bau:ijaefs:v:2:y:2017:i:2:id:102 Template-Type: ReDIF-Article 1.0 Author-Name: Mustafa Çalışır Author-Name: Nurullah Altıntaş Title: The Relationship Between Financial Development And Income Inequality: Hidden Panel Cointegration Test Publication-Status: Published Abstract: The importance of the development and depth of financial system in achieving fairness in income distribution is increasing as the shares of financial systems in state economies continue to increase. The purpose of this study is to investigate the relationship between financial development and income inequality for the period of 2000-2012 in terms of financial structures using panel data analysis on three different groups of countries. According to the findings, there is a hidden cointegration between financial development and income inequality in all three countries of different financial structures. Consequently, it is shown that development of financial systems has an importance in policies for achieving fairness of income distribution. Keywords: Financial development; income inequality Journal: International Journal of Applied Economic and Finance Studies Pages: 9-18 Volume: 2 Issue: 2 Year: 2017 Month: December DOI: 10.68099/ijaefs.2017.103 File-URL: https://journal.bauderpress.org.tr/index.php/ijaefs/en/article/view/103 File-Function: Abstract page File-Format: text/html File-URL: https://journal.bauderpress.org.tr/index.php/ijaefs/en/article/download/103/40 File-Function: Full text File-Format: application/pdf Handle: RePEc:bau:ijaefs:v:2:y:2017:i:2:id:103 Template-Type: ReDIF-Article 1.0 Author-Name: Durdane Küçükaycan Author-Name: Rabia Ceren Tekin Title: Performance Audit as Complementary Element of Performance Based Budgeting Publication-Status: Published Abstract: As a result of the transformation in the public sector, with the new understanding of public administration, countries have gone to regulation in public financial management for financial transparency, accountability, and performance management. In our country, together with the Law on Public Financial Management and Control No. 5018, to ensure efficiency, efficiency and attitude in the use of public resources; performance-based budgeting system has been implemented with the aim of strengthening fiscal transparency and accountability. The basic elements of the performance based budgeting system are strategic plan, performance program and activity report. It is a legal obligation for public administrations to prepare these three basic documents in accordance with the performance-based budgeting system.Through the strategic plan and performance programs, public administrations provide links between basic policy objectives and their resource needs; and the events related to the targets foreseen in the said documents are disclosed to the public through the activity reports. As well as three basic documents, the performance-based budgeting system of public administrations is complemented by performance auditing. Purpose of the study; performance audit, which is complementary to the performance-based budgeting process in public financial management, taking into account the performance audit criteria of the Court of Accounts. It has been tried to put forward the performance audit criteria in the study and the contributions to the performance based budgeting process. Keywords: Performance Based Budgeting Process; Performance Audit; Performance Audit Criteria Journal: International Journal of Applied Economic and Finance Studies Pages: 19-30 Volume: 2 Issue: 2 Year: 2017 Month: December DOI: 10.68099/ijaefs.2017.104 File-URL: https://journal.bauderpress.org.tr/index.php/ijaefs/en/article/view/104 File-Function: Abstract page File-Format: text/html File-URL: https://journal.bauderpress.org.tr/index.php/ijaefs/en/article/download/104/41 File-Function: Full text File-Format: application/pdf Handle: RePEc:bau:ijaefs:v:2:y:2017:i:2:id:104