• Title/Summary/Keyword: 시장임금

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Exploring Unemployed Women Labor Force-based on the Estimations of the Reservation and Market Wages (미취업 여성의 미취업 원인에 관한 연구: 의중임금과 시장임금의 비교를 중심으로)

  • Lee, Seonglim
    • Journal of Labour Economics
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    • v.27 no.1
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    • pp.135-164
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    • 2004
  • Using the data from the KLIPS, this study categorizes unemployed women into the four mutually exclusive groups according to the two criteria (whether to have intention to work and the comparison of reservation and market wages), and investigates factors affecting the status of the unemployment of women. Heckman's sample selection regression and multinomial logit are applied for the estimation. The major results are: the proportion of unemployed women who do not have intension to work or whose reservation wages are greater than expected market wages is about 50%, and the proportion of unemployed women who have intension to work or whose reservation wages are less than expected market wages is about 50%; second, human capital, burden of child raising and household production, household economic status, the variables related to work experience are found to be the factors affecting unemployment status of women.

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Wage Determination Process and Income Disparity in Korean Metropolitan Cities (우리나라 광역대도시 지역노동시장의 임금결정과정과 소득격차)

  • 이원호
    • Journal of the Economic Geographical Society of Korea
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    • v.5 no.2
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    • pp.187-207
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    • 2002
  • This study investigates the wage determination process of regional labor markets in order to understand the regional dimension of labor market processes in Korean metropolitan cities. Since the financial crisis in late 1997, the interplay between labor market restructuring such as unemployment and skill polarization and income disparity has been shaped by the labor market process in the metropolitan cities. This is also closely related to the fact that both industrial restructuring and expanding information technologies in the metropolitan region have reshaped the labor demand structure and finally resulted in structural unemployment due to skill mismatch and spatial mismatch and wage inequality across different occupations. In addition, since wage determination process clearly has a regional dimension, wage determination and its influence on income profile in a certain regional labor market need to be understood by investigating its labor market characteristics including labor supply and demand structure, industrial changes, changing unemployment, etc. This is why labor market policy as a regional policy needs to be redefined and it can be much enhanced by geographical investigation on regional labor market.

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The Effects of Differences in Regional Market Potential on the Wage Level: The Case of Korea (우리나라의 지역별 시장잠재력의 차이가 임금수준에 미치는 영향)

  • Ku Sang You;Ho Yeon Kim
    • Journal of the Economic Geographical Society of Korea
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    • v.27 no.2
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    • pp.120-132
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    • 2024
  • In this paper, we examine how the market potential affects wages in the regions of Korea. Following Fallah et al.(2011), we construct a panel data set spanning from 2013 to 2020. After removing the characteristics that do not vary by region, changes in average wages were analyzed using a fixed effects model. Controlling for such region-specific characteristics as human capital, industrial structure, and population, the impact of market potential on wages was analyzed by first examining the entire group of cities in Korea, followed by just metropolitan areas and then small cities only. The regional wages are seen to increase across the board when the market potential improves. It was also found that, when the market potential increases, the resulting wage hike of small cities tends to be greater than that of large metropolitan areas.

Inter-Regional Migration and Wage Effects by College Graduates (청년층 지역이동과 임금수준 효과)

  • Cho, Donghun
    • Journal of Labour Economics
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    • v.43 no.3
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    • pp.123-148
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    • 2020
  • This study empirically estimates the possible association between the college graduate Young Peoples' wages in the labor market and their internal migration through college education after high school education. Using the Graduate Occupation Mobility Survey(GOMS), we found out that the more likely young peoples find jobs in the location from different their hometown the higher they command wages in the labor market.

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Decomposition of Wage Differentials for Women with Disabilities in the Seoul Local Labor Market of Korea (서울 지역노동시장권 여성장애인 임금근로자의 이중차별적 임금격차 분석)

  • Lee, Young Kyeong;Lim, Up
    • Journal of the Korean Regional Science Association
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    • v.32 no.2
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    • pp.45-59
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    • 2016
  • The purpose of this study is to analyze the static and dynamic change of wage differentials of women with disabilities in the Seoul local labor market. This study attempts to explain the double discrimination mechanism for disabled women and empirically gender discrimination and disability discrimination for them by using Oaxaca-Blinder decomposition analysis. In addition, using Juhn-Murphy-Pierce decomposition analysis. we analyze the wage differentials caused by the changed characteristics of disabled women and structures of discrimination at the Seoul local labor market. Data from the Panel Survey of Employment for the Disabled and Korean Labor and Income Panel Study for two years (2008, 2012) are used. According to the result, wage differentials of disabled women caused by disability discrimination is approximately 55% of total wage discrimination, whereas 45% is caused by gender discrimination during the period. Both observed and unobserved components move in the same direction to narrow wage differentials due to the disability discrimination and gender discrimination. Also the endowments in the Seoul local labor market about the changes of observed and unobserved components contribute more to narrow gender wage differentials, while these endowments widen disability wage differentials.

청년층 고학력자의 성별 노동시장 차별에 관한 실증연구

  • Lee, Si-Gyun;Yun, Jeong-Hyang
    • 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.

High and Downwardly Rigid Reservation Wages are Responsible for the Youth Joblessness? (청년 고용 문제, 눈높이 때문인가?)

  • Lee, Byung-Hee
    • Korean Journal of Labor Studies
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    • v.17 no.1
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    • pp.71-94
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    • 2011
  • This paper criticizes the arguments for the high and rigid reservation wages as main cause of the youth joblessness. First, using longitudinal aspect of the Korea Labor and Income Panel Study, I found that there exists declining reservation wage for the young who make the transition from unemployed to employment. Second, the average duration of school-to-work transition in Korea is relatively low compared to that of other countries. Moreover the duration between leaving school and staring the first job has not significantly negative effect on adult labor market outcomes, but the quality of first job and unstable job experiences have serious negative effects on working career. These findings show that the high youth joblessness is due to both decent job deficit and labor market segmentation.

Cyclicality of Inter-Industry Wage Gaps and Segmented Labor Market Hypotheses (산업간 임금격차의 경기변동상 변화 패턴과 분단노동시장 가설)

  • Shin, Donggyun
    • Journal of Labour Economics
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    • v.26 no.3
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    • pp.77-114
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    • 2003
  • Analyses of the special data sets constructed from the National Longitudinal Survey of Youth and the Panel Study of Income Dynamics reveal that, compared with an annual wage measure, survey week wages are significantly counter-cyclically biased due to selecting workers with strong labor market attachment. We also find that survey week wages are more counter-cyclically biased in high-wage industries than in low-wage industries, that is, inter-industry gaps of survey week wages are counter-cyclically biased. Unlike existing longitudinal studies, the current study concludes that real wages are much more procyclical in high-wage industries than in low-wage industries, which is attributed to our adoption of annual wages that is less subject to the selectivity bias. Our finding is consistent with the empirical regularity that real wages are much more procyclical for men than for women, as men are overrepresented in industries with greater real wage procyclicalities. Overall, current results do not support the predictions of segmented labor market theories for the cyclicality of real wages.

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Union Effects on Nonunion Wages: A Regional Panel Data Analysis for Korea (노동조합이 비조합원 임금에 미치는 영향: 지역 수준 분석)

  • Hwang, Sun-Oong
    • Korean Journal of Labor Studies
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    • v.23 no.2
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    • pp.79-108
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    • 2017
  • Using data sets from the Korean Labour and Income Panel Study (KLIPS) for the period 2003-2015, this study shows that wages of nonunion workers are positively related to the percentage of unionized workers in the same geographic region. A 10 percentage point increase in a region's union density is associated with a 4.9 percent increase in the region's average wage of nonunion workers. It is also shown that this positive spillover effect is observed for various subgroups of nonunion workers, including women, youth, low-educated workers, small firm employees, and those employed under nonstandard work arrangements. In contrast, the average wage of union workers is found to respond insignificantly to changes in a region's union density.

Labour Market institutions, Wage Dispersion, and Social Policy (노동시장 제도, 임금분산, 그리고 복지정책)

  • Hong, Kyung-Zoon
    • Korean Journal of Social Welfare
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    • v.59 no.4
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    • pp.297-317
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    • 2007
  • In this article, I want to demonstrate wage equality increases support for welfare expenditures while the wage equality depends on how labour market institutions are organized. In other words, this study tries to show that there can be institutional complementarity between inequality-reducing labour market institutions and generous social policy. In the first section, I develop a theoretical models which deal(1) how the inequality of income affects the political support for welfare expenditure(2) how the configurations of labour market institutions affect income inequality in the labour market. In the following section, this study tests the models with data on welfare spending, configurations of labour market institutions, and the inequality of wage and salaries in 14 welfare states from 1980 to 1995. Empirical analysis also provides support for key implications of the models. These models and empirical findings may show that the institutional complementarity stems from the interdependence of institutional influences on actors' decision-making. Moreover, this study suggests welfare policy are always considered with labour market institutions.

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