• Title/Summary/Keyword: Korean Labor and Income Panel

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The Trends and Causes of Income Inequality Among Gender (성별 집단 내 소득불평등(inequality among gender)의 변화 추이 및 원인)

  • Kim, Hye-Yeon;Hong, Baeg-Eui
    • Korean Journal of Social Welfare
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    • v.61 no.2
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    • pp.391-415
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    • 2009
  • The purpose of this study is to examine the trends of income inequality by gender since 1997 economic crisis and to investigate what is the most influential factor on these changes for males and females. Data used for this study are nine waves of Korean Labor and Income Panel Study(KLIPS). Income inequality is measured by the Gini coefficient and the mean logarithmic deviation(MLD) and the MLDs are decomposed into three components to quantify within- and between-group inequalities. The results show that the extent of income inequality is greater for women during the whole period and is fluctuated more widely. Women's income inequality is mainly affected by the family-related variables, such as age and marital status, while men's inequality is primarily determined by the labor market factors, such as employment status, industrial types and occupation status. These results imply that gender-sensetive welfare policies need to be implemented and that it is necessary to assist the poor women and men through the benefits from the income assistance programs and labor market programs.

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Determinants of Entirely Retired Men's Main Income Source and the Amount of Income (완전은퇴 남성의 주된 소득원천 및 소득액 결정요인)

  • Kim, Ji-Kyung;Kim, Ha-Nui
    • Journal of Family Resource Management and Policy Review
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    • v.12 no.1
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    • pp.57-89
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    • 2008
  • Using the data of 'middle-and old-aged people' in the 6th year(2003) of KLIPS(Korea Labor and Income Panel Study), this study compared entirely retired men's income source and amount of income divided by the time of retirement and analyzed the determinants of main income source and amount of income level using Multinomial Logit Analysis and Tobit Analysis. The results of these were as following; First, Entirely retired men has average 1.27 income source and the amount of income from main income source is positioned at 85% of total income. This result indicates the lack of variety to get opportunities of income sources for the living and also means high risk associated with the entirely retired men if he looses the main income source. Second, most of income source of entirely retired men is spouse's earned income or private income transfers, however, if we divide those as timing of retirement and characters of each individual, it is represented that the most of income source is differentiated by the position at labor market during work life and the opportunity for building the wealth, and the possibility of obtaining public pension and public support. Third, the income level depends on what sort of income source the retired men has, this shows that there is not a strong relationship between obtaining a Income source and gaining above the certain level of income.

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Decision Tree Analysis for Prediction Model of Poverty of The Older Population in South Korea

  • Lee, Soochang;Kim, Daechan
    • International Journal of Advanced Culture Technology
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    • v.10 no.2
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    • pp.28-33
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    • 2022
  • This study aims to investigate factors that affect elderly poverty based on a comprehensive and universal perspective, suggesting some alternatives for improving the poverty rate of the elderly. The comprehensive and universal approach to the poverty of the aged that this study attempts can give a better understanding of the elderly poverty beyond the contribution of the existing literature, with the research model including individual, family, labor, and income factors as the causes of old-age poverty from the comprehensive and universal perspective on the causes of poverty of the elderly. In addition, the study attempts to input variants of variables into the equation for the causes of elderly poverty by using panel data from the 8th Korean Retirement and Income Study. This study employs decision tree analysis to determine the cause of the poverty of the elderly using CHAID. The decision tree analysis shows that the most vital variable affecting elderly poverty is making income. For the poor elderly without earned income, public pensions, educational careers, and residential areas influence elderly poverty, but for the poor elderly with earned income, wage earners and gender are variables that affect poverty. This study suggests some alternatives to improve the poverty rate of the aged. The government should create a better working environment such as senior re-employment for old people to be able to participate in economic activities, improve public pension or social security for workers with unfavorable conditions for public security of old age, and give companies that create employment of the aged diverse incentives.

An Analysis of the Effects of Water Pollution on Life Satisfaction in Korea (한국의 수질오염이 생활만족도에 미치는 영향에 대한 분석)

  • Kim, Soo Jung;Kang, Sung Jin
    • Journal of Environmental Impact Assessment
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    • v.25 no.2
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    • pp.124-140
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    • 2016
  • Using the Korea Labor Institute Panel Study(KLIPS), this study investigates the impacts of water pollution on life satisfaction in Korea. Panel random-effects ordered probit model is used to consider the ordered property of life satisfaction data and heterogeneity of panel data. The proxy variables to reflect the degree of water pollution are biochemical oxygen demand(BOD) and total phosphorus(TP). In addition to the environmental variables above, other determinants used in various studies on life satisfaction such as economic, social, and demographic characteristics are included. Estimation results show that water pollution is negative and significant for life satisfaction. Other indicators such as income, age, house ownership, gender, education are positively related while urban residence and own business are shown to be negatively related.

A Longitudinal Analysis of Private Tutoring Expenditure in KLIPS Using A Polarization Index and Gini Coefficient (다극화 지수와 지니 계수를 이용한 사교육비 양극화 추이 분석)

  • Yang, Jung-Ho;Han, Hee-Jin
    • Journal of the Korean Data Analysis Society
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    • v.20 no.6
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    • pp.3139-3153
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    • 2018
  • The purpose of this study is to analyze the gap of private tutoring expenditure using data from 2001 to 2016 of Korean labor and income panel study (KLIPS). The final analysis target is about 1,300 to 1,800 households nationwide who participated in the Korean labor panel survey in each year. As a result of the analysis, the expenditure of private tutoring expenditure has been continuously increased since 2001, and it is analyzed that there is a large gap in expenditure of private tutoring even in the comparison of groups divided by the quintile. The spending gap on private tutoring expenditure in the first and fifth quintiles has increased steadily, reaching 11 times in recent years. By forecasting the polarization of private tutoring expenditure since 2016 using the Brown's smoothing method, it is highly likely that the polarization of private tutoring expenditure will be further expanded. The implications for preparing an alternative educational policy and suggestions of conducting a follow-up study for private tutoring expenditure gaps were also discussed.

Self-employment as Bridge Employment (자영업과 가교일자리)

  • Sung, Jaimie;Ahn, Joyup
    • Journal of Labour Economics
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    • v.27 no.2
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    • pp.1-27
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    • 2004
  • The share of self-employment shows a downward trend until 1990 and then an upward trend since then. The upward trend is mainly due to more employers and more male self-employed, which implies that self-employment plays a significant role as an alternative form of employment. This paper examines whether self-employment can be a bridge between no work and wage work in the processes entering into or exiting labor market, and if so, what determines the choice of self-employment as a bridge, using the data from the Korea Labor and Income Panel Survey(Wave 1 to Wave 5). Empirical analysis employing the probit model shows that the older, female, the less educated, and persons with bad health are more likely to choose self-employment as a bridge in the exit process and that they are less likely to choose it as a bridge in the entry process. Business cycle has a statistically significant negative effect on its role of bridge employment in the exit process but not in the entry process. The result implies that, in the ageing society, labor market policy should consider self-employment as a better alternative than wage work for the aged.

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The Economic Status of Retired Elderly Households (은퇴노인가계의 경제구조 분석)

  • 이희숙;신상미
    • Journal of Families and Better Life
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    • v.21 no.4
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    • pp.103-116
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    • 2003
  • The purpose of this study was to examine the economic status of retired elderly households. This study especially looked for the differences in the economic status among retired elderly households and the level of subjective financial strain. The data were drawn from the data of 2000 Korean Labor and Income Panel Study (KLIPS) conducted by the Korea Labor Institute. The major findings are as follows: 1) The levels of income in the retired households were found to be lower than those of the employed elderly households, and the transfer income took the biggest portion out of 5 income types reflecting high economic dependency. 2) The levels of expenditure were found to be similar to the minimum living cost, and the food cost at home was 41.9% of the expenditure. 3) About 40% and 27.3% of households reported that they felt financial strain due to food expenditures at home and health care respectively. 4) Ninety percent of all assets were found to be real estate, reflecting the lack of asset liquidity. Further, retired elderly households were classified as 'not at all strained financially', 'moderate', 'seriously strained', and 'extremely strained' groups according to their subjective assessment. The last two groups showed the lower level of income and expenditures than the first two groups. In particular, 26.5% of retired elderly households belonged to 'extremely strained' group and showed very serious economic problems.

Institutional Dynamics of In-Work Poverty Determination: Distributive Process of Labor Markets, Households, and the Welfare State Using Korean Welfare Panel Study, 2008-15 (근로빈곤 결정의 제도 동학: 노동시장과 가구, 복지국가 분배 과정 분석)

  • Ryu, Kirak
    • 한국사회정책
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    • v.25 no.4
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    • pp.71-104
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    • 2018
  • This paper adopts a distributive performance process model of in-work poverty based on labor markets, households, and welfare states and analyzes the 4-11 waves of the Korean Welfare Panel Study during 2008-15. Previous studies on in-work poverty have focused on the definitions and concepts of in-work poverty by analyzing employment and unemployment persistence and repetition dynamics, but rarely paid attention to institutional distributive performance. In this regard, this study preforms a stepwise analysis of labor markets, households, and welfare states as a process of income generation in labor markets, satisfaction of welfare needs and income pooling at households, and deduction of social security contribution and income tax as well as receipt of public transfer income at welfare states. Results of empirical analysis show that in-work poverty had been on increase during 2008-11, followed by a decrease between 2012-15. At labor market stages, full time status had the most prominent impact on in-work poverty process, while status by employment and contract type have generated a huge variation as well. At household stages, household work intensity and number of earners contributed to reduction of in-work poverty, but the relations did not seen to be straightforward. However, welfare state played little role in lifting employees out of in-work poverty. In terms of institutional distributive process, in-work poverty was prevalent in either household-welfare state stage or labor market-household-welfare stage. Non-vulnerable group in terms of in-risk poverty was around 80% of the sample during the period of analysis, the size of which has remained constant.

Bi-Polarization of the Income Distribution In Korea: 1997-2003 (소득 분포의 양극화 추이)

  • Shin, Donggyun;Cheon, ByungYou
    • Journal of Labour Economics
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    • v.28 no.3
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    • pp.77-109
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    • 2005
  • On the basis of the Korea Labor and Income Panel Survey for the 1997 through 2003 period, this paper investigates if the income distribution has become more bi-polarized since the recent financial crisis. The polarization measure developed by Esteban and Ray(l994) and Duclos, Esteban, and Ray(2004) indicates that the distribution of total income has become much more bi-polarized than unequalized for the entire sample period. Second, the rapid increase in the bi-polarization measure is attributed to the enhanced within-group homogeneity among the lower-income group as well as the widening gap between the two groups in the mean income level. Third, no such pattern exists in the distribution of labor income. Overall, the findings in the current study would support the hypothesis of a centrifuging society which is characterized by the slow disappearance of the middle class and the formation of two poles and which is observed in the United States and the United Kingdom among others.

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Business Cycle and Labor Market Transitions : A Comparison among Demographic Groups (경기변동과 고용 동학에 대한 분석: 집단 간 취업-미취업 이행확률 비교를 중심으로)

  • Goh, Young-Geun;Ahn, Taehyun
    • 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.

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