• Korea journal of population studies
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• v.20 no.2
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• pp.135-159
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• 1997

Education effect on women's participation in the labor market has been known to be small in Korea. Then, the meaning of women's education as human capital needs to be questioned. Both the increasing desire for working among women and the criticism to under-utilization of women's education in the labor market reflect that women's education is surely perceived as human capital. However, women's education dose not seem to function well as human capital in the labor market. According to previous studies, it is pointed out that educational effect on women's participation in the labor market is weak but the effect on earnings is evident. There were few attempts to evaluate economic returns to women's education over the life-cycle analyzing both working and non-working women. Considering that the economic behaviors of women in nonagricultural sector have changed little until the mid-1980s, I tried to examine the meaning of education as human capital over the women's life cycle using cross - sectional data. This study shows that the educational effect on women's participation in the labor market does not exist and the working period is very short. Although the educational effect on earnings among working women is clearly shown, it tends to limited to younger women. Despite the educational effect on earnings among younger women, the meaning of education as human capital among Korean women does not hold well due to short working period and the low participation of the educated in the labor market.

• Management & Information Systems Review
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• v.32 no.4
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• pp.53-79
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• 2013

Social enterprises can be identified roughly as social purpose-oriented business ventures. They often fill the gaps left by governmental and commercial ventures in providing for certain vulnerable sectors of society. Though social enterprises often adopt market mechanisms in their organizational structures, their emphasis on particular social outcomes means that they intentionally pursue double/triple-bottom lines, thus distinguishing them from many traditional for-profit businesses. Among the Korean laborers, women have been hardest hit by the global economic crisis. As the movements have substantially been taken to strengthen women's economic activities in the recent years, many policies are formulated with these trends, connecting women's employment with social enterprises. This study focused on analyzing social enterprises to be friendly and to provide decent work to women. Data were collected from 491 social enterprises and 830 workers. The main results are as follows. First, the women's employment in social enterprises has accounted for a relatively high rate and the women's wage also is similar to men's one. Second, as for work conditions and types, most women have preferred irregular and non-managerial work. Thus, social enterprises have showed a positive response for the women's job opportunities, while social enterprises have had a negative one for enhancing the women's status at the labor market. In conclusion, social enterprises should institutionalize how to provide more stable working condition to women and to improve their's capacity.

• Journal of Labour Economics
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• v.35 no.1
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• pp.1-19
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• 2012

This paper estimated the first-born effects on wage among wage and salary workers born in 1954 to 1973 with the 2003 KLIPS data set. The first-born effect on wage was estimated as 7.3% with the parsimoniously specified wage function using age and gender. Adding various variables as independent variables, the effects were estimated statistically insignificantly differently, the effect was estimated as 7.6% with adding education, tenure, marital status, father's education, the number of siblings, and health. The effect is not statistically significantly different from that of the parsimoniously specified wage function. We estimated the first-born effects of male, and female wage and salary workers separately. The first-born effects of male wage and salary workers were estimated as 5.9~8.8%. The first-born effects of female wage and salary workers were estimated as 8.8~9.9%.

• Journal of Labour Economics
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• v.42 no.3
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• pp.1-38
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• 2019

This paper investigates the relationship between the occupational gender wage gap and the proportion of high wage earning female workers in Korea. The main idea is that an increase in the number of high wage earning female workers in the workplace could lead to a decrease in the gender wage gap by eradicating the prejudice or reducing the statistical discrimination on female workers. We constructed a panel dataset by using the raw data from the Korean Survey Report on Labor Conditions by Employment between 2009 and 2016. The result shows that greater presences of high wage earning female workers in male dominant occupations have statistically significant negative impacts on residual gender earning dispersion.

• Korean Security Journal
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• no.12
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• pp.89-116
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• 2006

As the society changes, the Private Security has developed highly in a short time. However, it has brought about various problems. The best urgent problem of those problems is the wage problem. This study is examining into the difference with the wage satisfaction and devotion to organization, and analyzing influence that wage satisfaction has on devotion to organization. According to this research, the first, women appeared higher numerical value than men in satisfaction with a wage level, wage disparity, wage system and the welfare system and the highest age group is over 26 year-old. While the college graduates appeared high satisfaction with a wage level and wage disparity, the university graduates is high satisfaction with wage system and the welfare. This shows that as the scholarship is high, they think they must be getting wages higher and higher as their work result or produce. The second, in devotion to his(her) organization, the men is higher than the women. The third, the men show the high emotional devotion because the men devote to his work on his own initiative while the women show the high continuos service devotion because they are passively. The fourth, over the 26-year old group appeared high level in devotion to his(her) organization, the university graduate group appeared high level both the emotional devotion and the continuous service devotion. The long-term employed person showed the satisfaction with job position, pay grade, and career and also appeared high in devotion to his(her) organization. The fifth, as the scholarship is low, they were concerned about a wage level and wage disparity but, as the scholarship is high, they were concerned about the wage system and the welfare. The wage satisfaction has influence on the scholarship, job position and career therefore, the long-term employed persons showed high wage satisfaction and devotion to his(her) organization. In conclusion, for the development of Private Security and high devotion to organization, the wage level of private security guards must be systematize and the quality of the welfare must be improved. And the many factors about the wage and welfare must be studied and analyzed to occupy as one of the skill lists through the educational-industrial collaboration.

• Journal of Labour Economics
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• v.28 no.1
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• pp.135-156
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• 2005

This paper analyzes the distribution and determinants of income of the self-employed, in comparison with salaried workers. Relative to salaried workers, in general, the self-employed tend to have a larger dispersion of income and larger heterogeneity. In this regard, the quantile regression analysis was used, along with a typical OLS regression analysis. According to the empirical findings, the income of the self-employed is larger than that of salaried workers, and this difference is larger for higher income group. The marginal effect of education is larger for higher income groups for both the self-employed and salaried workers, implying the return on education is larger for higher income groups. In contrast, for self-employed women, the marginal effect of education is smaller for higher income groups. Put differently, the return on education in the labor market is larger for salaried workers and self-employed men of high income groups as compared to those of low income groups, whereas the opposite holds for self-employed women.

• Journal of Labour Economics
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• v.24 no.1
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• pp.67-96
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• 2001

The recent economic crisis started at the end of 1997 has brought about changes in labor market practices. One of them is rapid increase in the ratio of workers with alternative employment arrangement, so-called contingent workers. This type of arrangement, unlike traditional employment arrangement, makes employers properly adjust employment to business cycles and it also makes it possible for employees to solve time and spatial constraints related to labor supply. However, recent experience has revealed its negative characteristics such as lower wage rate, deficient fringe benefits, insufficient job security. Using the data from the first and the second wave of the Korea Labor and Income Panel Survey, this study focuses on change in the tendency of being contingent workers and decomposition of the wage differentials among regular and contingent workers by estimating the switching regression model. Results show that the recent crisis significantly contributed to probabilities of being contingent workers, especially for women, the young, the older, and the lowly educated. Decomposition shows that one quarter or one third of 35% of wage differentials are due to the price effect that the same productive characteristics are differently paid by the types of employment arrangements.

• Journal of Labour Economics
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• v.25 no.2
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• pp.1-32
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• 2002

This paper investigates how real wages adjust to regional and cyclical shocks in the Korean labor market. Major findings are as follows. First, like most longitudinal studies in this literature, we find that real wages are strongly procyclical and more procyclical for men than for women. Second, consistent with the theory prediction of efficiency wages, both permanent and transitory components of real wages are negatively correlated with the local unemployment rate. Third, when overall and local unemployment rates compete in a wage equation (our preferred specification), current wages are dominantly affected by the overall rate, and the effect of the local rate is rather small. This rejects the Blanchflower and Oswald's hypothesis that wages are primarily determined by local labor market conditions. Finally, no lagged effects on wages are detected in the overall or local unemployment rate.

• Journal of the Korean Data and Information Science Society
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• v.28 no.5
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• pp.1077-1085
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• 2017

In this study, we have found the major factors which affect Korean women's wage analysing the data provided by 2015 Korea Labor Panel Survey (KLIPS). In general, wage data is difficult to analyze because random sampling is infeasible. Heckman sample selection model is the most widely used method for analysing the data with sample selection. Heckman proposed two kinds of selection models: the one is the model with maximum likelihood method and the other is the Heckman two stage model. Heckman two stage model is known to be robust to the normal assumption of bivariate error terms. Recently, Marchenko and Genton (2012) proposed the Heckman selectiont model which generalizes the Heckman two stage model and concluded that Heckman selection-t model is more robust to the error assumptions. Employing the two models, we carried out the analysis of the data and we compared those results.

• Journal of Labour Economics
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• v.39 no.3
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• pp.1-32
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• 2016

The purpose of this article is to examine the change of employment expectation using the wave 7-11 (2010-2014) of Korea Education and Employment Panel(KEEP). The three main variables are the reservation wage, which has been studied by labor economists for a long time, the convenient working environment factor, the desired job factor. Last two of which are extracted from the 15 survey questions about employment expectation using the factor analysis. Our estimates suggest that male have a higher reservation wage than female while female have a higher level of expectation overall. Women attach more importance to working environment especially. Also, university students have a higher reservation wage and set a higher value on the desired job than employees and job seekers.