• Journal of Labour Economics
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• v.40 no.1
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• pp.37-68
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• 2017

This study analyzes the relationship between household debts and married female's labor supply. For doing this we construct effective interest rate faced by each household using interest paid amount and household financial debt amount. The effective interests rate for the households which have no financial debt are estimated by Heckman Selection model. The estimation results show that the increase in effective interest rate has led to the expansion of married women's the labor market participation. This suggests a possibility that negative scenarios resulting from an increase in interest rate can be partially offset by an increase in household labor supply and a rise in labor income.

• Journal of Labour Economics
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• v.24 no.1
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• pp.177-205
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• 2001

This study investigates a long-tenn effect of labor career during middle life on the retirement process and income status later in life course. Two waves of KLIPS (Korean Labor Longitudinal Panel Survey) data sets collected in 1998 and 1999, are employed, which include detailed information on economic activities among those aged 15 and over. Results show that temporary, contracted workers during middle life not only have higher risk of job loss and poverty than those in permanent work status but also they are more likely to experience a stressful retirement process later in life course.

• Journal of Labour Economics
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• v.26 no.1
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• pp.111-151
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• 2003

This study attempted to analize the hazard rate from unemployment and the influncing factors on the rate by regions. The data this study uses is Korea Labor Institute Panal Study(1998-2001) and the models are hazard analysis and Cox model. The results of hazard analysis are as follow. In capital and it's vicinity, the duration of unemployment is shorter than other regions even if the unemployment rate is higher. The labor market segmentation is confirmed between capital and it's vicinity region and other regions. Kyungsang region is higher in the unemployment hazard rate than Chunla or Chungchung regions. The duration of unemployment in capital and it's vicinity is 9.29 months comparing 11.86 months in the other region. The difference is statistically significant by the significance level 0.001. The duration of unemployment in Kyungsang is 6.96 months comparing 10.95 months in Chunla region. The Cox results which indicate the influncing factors on the hazard rate are as follow. In the regions like non-metro cities and non-capital and vicinitiy, the factors such as female, tenure, wage earners, manufacturing, wholesale and retale decrease the hazard rate. The results indicate that active labor market policies region by region are needed in Korea, especially for the marginal unemployed workes from non flourishing sectors.

• Journal of Korea Port Economic Association
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• v.35 no.1
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• pp.57-76
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• 2019

This study deals with the determinants of employment productivity of transportation labor, who are the main agents of the transportation industry that has made significant contributions to our country's industrial development. The study selected the determinants of employment productivity using the Korea Labor and Income Panel Study data, and analyzed the effects of various factors using panel logistic regression, panel OLS model, and panel robust regression. The results were as follows. First, a more positive effect was shown when employees held a regular job, had a "high level of education", "joining the labor union" and "experiencing vocational training". Second, in the case of job security, having a "high level of education" and "joining the labor union" showed a more positive effect; further, job security was higher for employees who worked in a "big company" or were "married". Third, in the case of higher income productivity, higher values of "age", "academic ability" and "company size" had a more positive effect, whereas larger values of "education" and "health condition except job training" had a negative one. Fourth, in the case of job satisfaction, "female", "joining the labor union" and having a higher "income" or "job security" led to higher satisfaction and a better "health condition compared to an average person". Further, a higher "overall life satisfaction" and "economic level" led to lower job satisfaction. The analysis of the determinants of employment productivity of transportation business and seeking for improvement plan is expected to improve the employment productivity in the transportation business.

• Journal of Korea Port Economic Association
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• v.32 no.4
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• pp.149-163
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• 2016

Seafarers are an essential resource in maritime industries, which provide navigation skills, vessel maneuvering skills and fishing skills in the fishery industry. They also work as a driving force in pilotage, port operation, vessel traffic service, and marine safety. Other areas in maritime services, which rely on seafarer include safety management of ships, supervisory activities, and maritime accident assessment. In these ways, Korean seafarers have contributed to the growth of Korean economy. However, there have been issues of high separation rate, shortage of supply, multi-nationality, multiplicity of culture caused by employment of foreign seafarers, and aging. The present paper finds that maritime officers and fishery officers demonstrate differences in the statistics of on-board job taking and separation: the separation rate of fishery officers is higher than that of maritime officers. The existing data and statistics by the Korea Seafarer's Welfare & Employment Center could be improved by changing its structure from time series to panel data. The Korea Seafarer's Welfare & Employment Center is the ideal institution for collecting the panel data, as it has already accumulated and published relevant statistics regarding seafarer. The basic design method of the panel data is to adopt and improve it by including the information on ratings of maritime and fishery industries, ranks in a ship, personal information, family life, and career goal. Panel data are useful in short- and long-term forecasts of supply of Korean seafarers; demand evaluation of education, training, and reeducation of the seafarers; demographical dynamic analysis on Korean seafarers; inducement policy of long-term on board job taking in harmony with man-power demands in marine industries such as pilotage service; implementation of job attractiveness policy on Korean seafarers; and employment stabilization of Korean seafarers.

• Journal of Labour Economics
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• v.26 no.1
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• pp.1-22
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• 2003

Many students accumulate work experience while they attend college. Using data from Korean Youth Panel, I investigate the effects of in-school work experience on school-to-work process. Work during college contributes to take first job quickly after school, but has no significant effect on wage level of first job. These results show that in-school work experience might help job search but not provide skills and knowledge. These findings suggest that it is necessary to link the youth internship programme to in-school learning in collaboration with school.

• Journal of Labour Economics
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• v.31 no.2
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• pp.35-72
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• 2008

This paper examines whether me effects of product demand shocks on employment are different between unionized and non-unionized firms, using new firm-level longitudinal data in Korea over the period 1997~2004. The estimation result shows that the effects of both negative and positive demand shocks on employment are smaller in unionized firms than in non-unionized firms. The result implies that unions appear to provide their members with job stability in response to negative demand shocks, while playing a very limited role in employment determination in response to positive demand shocks leading to employment expansion.

• Journal of Labour Economics
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• v.41 no.2
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• pp.31-59
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• 2018

This study examines how the rate of transition between employment and non-employment changes with the business cycle using monthly panel data constructed from 2000-2013 Korea Labor and Income Panel Study(KLIPS). In particular, we investigate whether the transition rates are different across demographic groups when the labor market is depressed. We find that, as the labor market weakens, the transition rate into non-employment significantly increases. The rates of transition into non-employment are substantially higher for female, older and less educated groups than those for male, prime-aged and more educated groups.

• Journal of Labour Economics
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• v.32 no.2
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• pp.61-93
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• 2009

In this paper, we estimate the wage premium of English skills in the Korean labor market using Korean Labor and Income Panel Study(KLIPS) data. In a simple OLS model, we find that people with some English skills in terms of self evaluation or job requirement earn 30% more than those who do not have English skills. But in a small sample of relatively young people, higher English lest scores do not raise earnings. When we add SAT scores in the wage equation, there is no wage premium of English skills, and in the IV estimation, we find no "English premium". These results consistently imply that while there is a large wage premium of English skills in the Korean labor market, it reflects unobservable ability for the most part. Meanwhile some of the regression results favor human capital theory over screening theory as an explanation of the nature of the wage premium of English skills.

• Journal of Labour Economics
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• v.32 no.2
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• pp.27-60
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• 2009

Some fact-findings which were gained as results of regression analysis with Workplace Panel Survey data about whether Employee Participatory High Performance Work Practices could help to increase the compensation of workers are as followings. Firstly. though High Performance Work Practices wert generally estimated to have positive effects on management performance of establishments, their positive effects were not so significant except in cases of some practices. Secondly, the wage increase effects of the main High Performance Work Practices were much stronger with statistical significance. Thirdly. in case of unionized establishments. the wage increase effects of the main High Performance Work Practices were estimated to be much stronger than in the Don-unionized.