• Journal of Labour Economics
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• v.40 no.2
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• pp.69-87
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• 2017

This paper examined the impact of student loan on job search duration, explicitly considering the type of student loan. The data was collected from Korean Education & Employment Panel (KEEP) study released by KRIVET. The survival analysis shows the following two patterns. First, the students who used the student loan with guarantee tended to have longer job search duration of job search. Second, the students with the income contingent loan tended to have shorter job search duration to end up with lower wage.

• Journal of Labour Economics
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• v.22 no.1
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• pp.1-29
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• 1999

한국은 지난 1960년대 이후 실업률이 추세적으로 하락하여왔기 때문에 실업구조, 직업탐색에 대한 관심이 비교적 적었으나 최근의 고 실업률은 이에 대한 연구의 필요성을 제고시키고 있다. 기존의 연구들은 저 실업률 시기의 자료를 사용한 것이므로 1998년의 고 실업률 자료를 활용한 연구는 다른 연구결과를 가져올 것이다. 이 글은 고 실업률 시기로 진입한 지 1년이 되는 98년 11월말 광주광역시에서 실시된 상시고 실직자에 대한 설문조사자료를 이용하여 고 실업률 시기의 실직자의 직업탐색과 실업기간을 분석하였다. 본 연구결과는 기존의 연구결과와 많은 부분에서 일치하지만 한국에서 대량실업은 처음 겪는 상황이므로 이전의 연구결과와 다르거나 새로 확인된 사실들도 몇 가지 있다. 연구결과를 요약 정리하면 다음과 같다. 첫째, 비자발적 이유에 의한 실직자가 약 70%를 차지하고 구인배율이 아주 낮아 최근의 실업은 수요부족에서 발생한 것이라고 할 수 있다. 따라서 임금을 낮추고 희망하지 않는 직종 산업 종사상 지위로 하향 구직을 하고 있었다. 둘째, 고실업률이 장기화되면서 나타난 현상으로는 구직경로가 다양해졌고, 유보 임금 및 수락임금이 전직임금보다 약 20% 하락함으로써 임금이 신축적임을 보여 주었다. 그러나 고실업 사태를 급작스럽게 맞이하면서 이전임금에 대한 집착이 강하여 하락폭은 충분히 신축적이었다고 보기는 어렵다. 셋째, 실업보험수급자는 유보임금 하락률이 높았고 실업 탈출률도 높았다. 이것은 직업탐색이론과 상반된 결과로 노동수요부족사태를 처음 겪으면서 노동시장에 대한 정보가 모든 실업자에게 동일하지 않고, 실업보험수급자가 보다 완전한 정보를 가지고 있으며, 실업보험지급에 따른 구직독려 때문인 것으로 생각된다. 넷째, 기존 연구들과 마찬가지로 유보임금은 전직 임금에 크게 의존하였으며 실업기간에 대한 해자드 분석에 의하면 유보임금의 대리변수인 전직임금이 낮을수록, 구직을 적극적으로 할수록 탈출률일 높았다. 인적속성으로는 인적자본축적이 많고 다양한 취업정보를 접할 수 있는 고학력자의 탈출률이 높았다. 다른 나라에 대한 기존 연구의 근속기간이 긴 남성 실업자는 실업기간이 길었지만 여기서는 반대의 결과가 나왔다. 그것은 기업의 도산 등에 따른 실직자의 경우 유용한 인적자본 보유자가 많고 축적된 자산으로 자영업으로 탈출할 확률이 높기 때문인 것으로 해석된다.

• KDI Journal of Economic Policy
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• v.36 no.3
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• pp.121-168
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• 2014

After analyzing and finding the explaining factors about the "Effect of My Mom's Friend's Son (MMFS Effect)" with online-surveyed data, we introduce this concept into the conventional job search theory to develop it further. We try to estimate its effects on the hazard rate of youth pre-employment duration with some proxy variables such as his/her parents' schooling, living with parents dummy, increasing rate of consumer price index representing the burdens of parents, monthly temporary/daily workers ratio, relative ratio of quarterly 90th percentile urban household income, monthly average wage differentials between the workers of large and small firms, etc. The results confirm us the fact that so called "MMFS Effect" has been effective enough and strengthened up to recently. The conventional job search theory should be extended to be able to introduce the influencing effects of other person's success, for instance MMFS's success, on the job search behavior of youths, too.

• Journal of Labour Economics
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• v.27 no.2
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• pp.139-159
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• 2004

This paper explores the determinants of re-employment of retired military personnel who served more than ten years in Korea. Recently, the re-employment rate of veterans is less than 30%. Considering the reduction in military forces in future, this very low rate of re-employment may be one of important social and economic problem. Using a survey and econometric analyses, we generate several important results. First, spouses' income is higher in the group who chose to run their own business than in the group who decided to become salary workers. Second, those who gave economic activities had longer the period of military service, higher ranks, and higher rate of being in bad health. Third, the longer the military service period is, the shorter the period of job search. And those who not taking the program of vocational guidance have short search period. If, however, one was more educated or one served longer in Seoul area, then she is more likely to have a longer search period. These results imply that the current important factors in government policies for veterans such as vocational guidance programs, information for employment, and military experience should be improved to be more oriented to the requirements of employers.

• Korean Journal of Social Welfare
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• v.69 no.3
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• pp.193-212
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• 2017

This study is purposed to explain the characteristics of injured workers' labor market situation and to analyze the factors influencing labor market transition of those workers. Using the Worker's Compensation Insurance Panel Data ver.1~3 which was surveyed by the Korean Workers' Compensation & Welfare Service in 2013-2015, this study analyzed 1,668 injured worker cases. The study shows that workers who have experience job retention at least once are 36.8% of all, 51.5% of them have experienced re-employment, and 36.9% have done unemployment. One result of the longitudinal analysis is that socio-demographic factors including gender, age, education years, convalescence period, ability on job performance, company size, term of service, temporary employment, daily-workers status before job accident and job training were associated with return to pre-injury job. The other result is that statistically significant factors affecting the probability to be the unemployed are gender, age, levels of disability, convalescence, ability on job performance, term of service before job accident, job rehabilitation service utilization. These findings indicate that we need to develop efficient intervention programs for supporting return-to-work and labor market transition of injured workers.

• 한국노년학
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• v.31 no.3
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• pp.527-538
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• 2011

The purpose of this investigation is to analyze the effect of employment and quality of employment of senior job training. The questionnaire administered to 576 senior job trainees(over 50 years old) and 28 training institute before and after job training to survey job training characteristics, training institute characteristics and trainee characteristics. The results were as follows : First, independence test(X2) revealed that occupational category, period of training, type of institution, training history, location, and trainee's education level had significant difference on employment. Second, The probability of employment was higher in new and well-equipped public institution than private or old public institution. Third, compared with the prior wage, the wage after training decreased. This result suggested that the unemployed senior can hardly be reemployed in prior level job. The result of analysis on the cases of increased wage after training revealed that the trainees who was women, had a little dependent family, a shorter unemployed period, and a higher prior wage showed higher wage than prior wage after training.

• Korea journal of population studies
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• v.10 no.2
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• pp.17-45
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• 1987

This study contributes to understanding women's labor market behavior by focusing on a particular set of labor force transitions - labor force withdrawal and entry during the period surrounding the first birth of a child. In particular, this study provides a dynamic analyses, using longitudinal data and event history analysis, to conceptualize labor force behaviors in a straightforward way. The main research question addresses which factors increase or decrease the hazard rates of leaving and entering the labor market. This study used piecewise Gompertz model, following the guide of the non-parametric analysis on the hazard rates, which allowed relatively detailed description on the distribution of timing of leave and entry to the labor market as parameters of interest. The results show that preferences and structural variables, as well as economic considerations, are very important factors to explain the labor market behavior of women in the period surrounding childbirth.

• Korea journal of population studies
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• v.20 no.2
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• pp.5-42
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• 1997

This study contributes to understanding women's labor market behavior by focusing on a particular set of labor force transitions - labor force withdrawal and entry during the period surrounding the first birth of a child. In particular, this study provides a dynamic analyses, using longitudinal data and event history analysis, to conceptualize labor force behaviors in a straightforward way. The main research question addresses which factors increase or decrease the hazard rates of leaving and entering the labor market. This study used piecewise Gompertz model, following the guide of the non-parametric analysis on the hazard rates, which allowed relatively detailed description on the distribution of timing of leave and entry to the labor market as parameters of interest. The results show that preferences and structural variables, as well as economic considerations, are very important factors to explain the labor market behavior of women in the period surrounding childbirth.

• Journal of Labour Economics
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• v.27 no.3
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• pp.25-52
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• 2004

The work history of the workers injured in industrial accidents was recomposed by combining the database on compensation for industrial accidents with the database on employment insurance among those who were newly classified as disabled during the period from 1998 to 2000. It shows that the injured workers mainly returned to the original workplaces, and such workers had higher job retention rate. It is in contrast with the higher separation rate of the workers who started to work at the new workplace after medical recuperation. And it is found that 61% left or lost their jobs out of the injured workers who returned to work, and 77% of the job separators had job tenure less than one year. The analysis based on competing risks model shows that the workers at the smaller workplace have the shorter the employment duration, and the longer job-searching period has the negative effect on the employment duration of the job losers. In addition, the longer employment duration at the first job after medical recuperation is more effective on the reemployment and job stability after separation.

• Journal of Labour Economics
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• v.33 no.2
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• pp.1-26
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• 2010

Introducing a concept of 'the Effect of My Mom's Friend's Son'(MMFS Effect) into the conventional job search theory to develop it further, we try to estimate its effects on the hazard rate of youth pre-employment duration with some proxy variables such as his/her parents' schooling, monthly temporary/daily workers ratio, monthly average wage differentials between the workers of large and small firms. The results confirm us the fact that so called 'MMFS Effect' has been strengthened gradually up to recently. Their policy implications are as followings. Firstly, from the standpoint of shortening job searching period of youth and raising the hazard rate of their unemployment, the trend that the differentials of wages and quality of jobs in the labor market are expanding continuously is not desirable at all. Secondly, the problems of youth unemployment cannot be solved easily only by providing correct and relevant informations about the labor markets simply.