Willingness to Work, Human Capital and Job Satisfaction: A Case Study for Turkey

Abstract

The paper aims to outline the relationships between willingness to work (WTW), human capital and job satisfaction. It formulates WTW as an indicator of labor supply and provides direct estimation of the link between WTW and the rise of knowledge and skills. The authors assume positive relationships between WTW, human capital and job satisfaction. Data collected by interviewing Turkish citizens were used to test the formulated hypotheses. The study outlines the link between the influence of the accumulated knowledge and skills on WTW and the job satisfaction factors. The paper can be regarded as a starting point for studying one important relationship in the economy: WTW, human capital and job satisfaction.