• Korean Journal of Labor Studies
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• v.14 no.2
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• pp.59-93
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• 2008

본 논문은 한국고용정보원의 '대졸자 직업이동경로조사(2007)' 자료를 활용하여 청년 고학력자의 성별 노동시장 차별이 존재하는지를 확인하고자 하였다. 청년 고학력층은 경력단절, 육아와 가사부담에 따른 노동시장 차별을 비교적 덜 받을 것으로 예상된다는 점에서 이들 집단에서의 차별 존재는 최근 노동시장 문제를 파악하는 데 있어 매우 중요한 의미가 있다. 우리는 성별 노동시장 차별을 분석하기 위해서 차별에 관한 실증분석 방법으로 일반적으로 많이 사용되는 오하카 요인분해 모형을 활용하였다. 특히 고용차별을 확인하기 위해서 이항선택 모형에 적용한 요인분해 분석방법을 활용하였다. 전반적인 결론은 청년층 고학력자 여성들도 청년층 고학력자 남성에 비해 고용 및 임금차별을 경험한다는 것이다. 특히 본 연구에서는 성별 임금차별 뿐만 아니라 비정규고용 및 비공식고용과 같은 고용형태상의 차별도 확인할 수 있었다. 연령, 4년제졸 여부, 결혼여부가 성별 고용 및 임금격차를 초래하는 주요 요인으로 분석되었다.

• Journal of Labour Economics
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• v.38 no.3
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• pp.1-22
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• 2015

We analyze the effect of the minimum wage on employment using time series data forr groups of individuals most affected by the minimum wage: young males (18 to 24 years old), young females (18 to 22 years old), old males (60 years and older) and old females (60 years and older). Our findings are as follows. First, a unit root test says that the variables like minimum wages and employments are non-stationary variables and they have cointegrational relations each other. It says that in this case, VEC is more suitable than OLS or VAR. Second, an increase of the minimum wage is found to have a weak but persistently negative effect on employment.

• Journal of Labour Economics
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• v.35 no.3
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• pp.29-50
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• 2012

This paper estimates the effect of minimum wages on new hiring of low wage workers from a time-series. The results indicate that minimum wages tend to reduce the new hiring of low wage workers, in particular, among women, less educated and older population. The strongly negative effect on new hiring suggests that the burden of reduced labor demand arising from higher minimum wages tend to fall mostly upon the unprotected low-wage job searchers due to the short-term rigidity of employment adjustment among the existing workers.

• Economic Analysis
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• v.27 no.2
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• pp.41-70
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• 2021

Using the 2017 and 2019 Survey on Immigrants' Living Conditions and Labour Force, we examine how the job training programs in Korea affect immigrants' labor market outcomes by applying the propensity score matching method. The results show that job training programs increase the probability of being employed by 6.4 percentage points and positively affect monthly wages. There is significant heterogeneity in the effects of job training effects across visa categories. For immigrants with work visas, the effect on the employment rate is relatively small, while the wage effect is considerably large. On the other hand, we do not find a positive wage effect for marriage migrants. Both the employment rate and the monthly wage increased through job training for permanent residents.

• Journal of Labour Economics
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• v.24 no.3
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• pp.13-38
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• 2001

The question about whether a shorter workweek may increase employment has been a serious issue and been furiously debated among collective bargainers. The advocators recommend publicly that a reduction in standard working hours will provide benefits to the unemployed through the provision of new jobs, and also can improve the quality of life workers. The opponents argue that a shorter workweek will increase labor costs and induce firms to reduce their production levels, and consequently cut back their demand for labor. Although the debate is still continuing, considerable has been made toward achieving the goal workweek reduction. The analytical framework of this paper is a Putty-clay-model, in which the short-and long-term impacts of changes in working time on the employment associated with the interrelations of wages, prices, hourly labour productivity, the firm's labor demand, business cycle and economic growth etc. must be analyzed.

• Journal of Korea Port Economic Association
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• v.35 no.2
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• pp.37-60
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• 2019

An analysis of the correlation in port-related industries between minimum wage and employment effects, showed that it was very insignificant. However, there are some differences between commercial and temporary workers, those that are self-employed, and other workers in the private sector. Thus, while commercial workers are somewhat stable, they have a somewhat negative effect on temporary workers and self-employed people. At the Minimum Wage Council, the minimum wage hike is seen as stable because of the interaction between income and substitution effects in the labor market. According to the analysis, the port-related industries were affected more by the global economic recession and domestic economic volatility than the variables related to the minimum wage hike.

• Journal of Labour Economics
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• v.36 no.1
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• pp.63-91
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• 2013

This paper analysed the training effects on wage and employment security by the non-standard worker types by using Economically Active Population Additional Survey data. Through propensity score matching method, we found that the regular workers' training effect on wage was 4.2%, that was very higher than 2.7% of fixed-term workers. Logistic regression analysis showed that the training participation itself did not affect on the regular workers' regular position continuance, but training duration affected. Just in fixed-term workers among non-standard workers, both of training participation and training duration affected the transition from non-standard position to regular position. The result that both training effects on wage and on employment were positive just in the fixed-term workers might be interpreted owing to the clear employment contract relation between employer and employees.

• Journal of Venture Innovation
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• v.3 no.1
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• pp.67-85
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• 2020

In this article, we investigated the overall relationship between the employment stability of senior wage earners and their quality of life. Moreover, we analyzed a mediated effect of satisfaction variables: income satisfaction, work environment satisfaction, and overall job satisfaction. For the research, we used the data from the Korean Longitudinal Study of Aging (KLoSA) and analyzed the data set of 1,318 senior wage earners. The result showed that there exists a positive relationship between job stability and job satisfaction, while the overall quality of life has a negative relation with both the job stability and job satisfaction. This study showed a contradictory result from previous studies that claim that the quality of employment such as job stability and job satisfaction has a positive relationship with the quality of life, and the result implies that the research on senior wage earners requires perspectives different from those on other age groups and social classes.

• Economic Analysis
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• v.26 no.1
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• pp.1-33
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• 2020

Recent discussions about a minimum wage increase (MWI) and its influence on the economy have mainly focused on the quantitative aspects, such as labor costs and employment. However, concerning the qualitative aspects, an MWI could have positive effects by enhancing firm productivity and crowding out marginal firms from the market. These positive effects of an MWI can offset, to some extent, its potential negative effects - increasing labor costs and decreasing employment, among others. In this regard we empirically examine the impact of an MWI on firm productivity (total factor productivity). Using firm level panel data from the manufacturing industry in Korea, we calculate the influence rates of a minimum wage by sector and by firm size (number of workers), and analyze its effects on firm productivity. In particular, the production functions of the firms are estimated by taking into account endogeneity among the input factors, in order to resolve the drawbacks of existing studies - underestimating the capital factor coefficient and overestimating the labor factor coefficient. This study finds that the influences of an MWI on wages, employment, and productivity are substantially different across sectors and firm sizes. While an MWI has shown to have positive influences on productivity growth in the manufacturing industry as a whole, each sector demonstrates a different direction of effect, and the degree of productivity change also varies by sector. The impacts of an MWI on firm productivity are generally estimated to be more negative for smaller firms, but in some sectors the effects are found to be positive. In addition, the wage increases resulting from an MWI seem to cause a productivity enhancement across all sectors in the manufacturing industry. The policy implications of this study are as follows. Considering the empirical findings that an MWI causes an increase in productivity in many sectors of the manufacturing industry, it would be desirable to take into consideration not only the negative side effects but also the positive effects of an MWI when designing any future minimum wage policy. Moreover, in spite of there being a uniform minimum wage, this study finds that the diverse influence rates of a minimum wage across firms have different impacts on wages, employment, and productivity across sectors or firm size. This finding could be conducive to discussions about differentiation among minimum wage schemes by sector or firm size.

• The Journal of the Korea Contents Association
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• v.9 no.5
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• pp.355-364
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• 2009

This study investigated the labor market outcomes between IT graduates and non-IT graduates in terms of employment, wage, and work period through Monte-Carlo and Calibration method. The empirical result of the movement from work to unemployment implied that IT major graduates have stable work period irrespective of continuous employment, and but the number of work period of non-IT graduates decreases. It also showed that IT related department graduates got relatively paid more than non-IT graduates and IT major graduates was 0.8% higher wage premium than non-IT graduates.