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

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The Effects of Profit-Sharing on Employer-Provided Training: Evidence from an Individual Panel Survey (성과배분의 교육훈련 효과: 개인 패널자료를 이용한 분석)

  • Lee, Injae;Kim, Dong-Bae
    • Journal of Labour Economics
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    • v.43 no.1
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    • pp.35-57
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    • 2020
  • Using the Korea Labor and Income Panel Study(KLIPS), this study analyzes the effects of profit sharing on employer-provided training. The estimation results of the fixed effect model that controls for endogeneity show that the workers of profit-sharing firms have a 6.7%-6.8%p higher probability of receiving employer-provided training than the workers of firms without profit sharing. They also show that the workers of profit-sharing firms have a 3.3%p higher likelihood of having employer-provided OJT than their counterparts. The impacts of profit-sharing on employer-provided training appear consistently regardless of the estimation models and in the subsamples. These findings support the hypothesis that profit-sharing promotes employer-provided training.

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The Effects of The Minimum Wage On Working Poor's Poverty-Exit Possibility (최저임금이 근로빈곤 탈출에 미치는 효과)

  • Lee, Sikyoon
    • Korean Journal of Labor Studies
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    • v.19 no.1
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    • pp.35-64
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    • 2013
  • This paper explores whether or not a minimum wage increase can do much to alleviate working poor. For this purpose, I analyze transitions from working poor to working non-poor and to unemployment or non-economically active states, using KLIPS (Korea Labor and Income Panel Study). This study uses the multilevel multinomial logit model to control unobserved individual heterogenous characteristics. It finds that a minimum wage increase tends to cause a higher probability of transitions from working poor to working non-poor. It is also discovered that a minimum wage increase is not negatively related with the persistence of the working state. It is concluded that minimum wage increases are likely to be effective in improving the living standards of the 'working poor'.

The Influence Factors on the Performance of Regional Public Hospitals (지방의료원의 성과에 영향을 미치는 요인)

  • Lee, Hae Jong;Lee, Dong Won;Jeong, Ji Yun
    • Health Policy and Management
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    • v.29 no.1
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    • pp.27-39
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    • 2019
  • Background: This study is designed to estimate the factors that affect the level of three different performance (publicity, efficiency, profitability) among regional public hospitals. Methods: The units of analysis are the regional 30 hospitals, which have the operating data during 22 years (from 1933 to 2014). The research method is used by fixed panel analysis. The publicity is measured by medicaid outpatient proportion and medicaid inpatient proportion. The efficiency is measured by two types of efficient score by DEA (data envelopment analysis). The profitability is measured by medical income to medical revenue and ROA (return on total asset). Results: At first, the increase of bed gives negative affect to the publicity but give positive effect to the efficiency and profitability. Because it means the increase of the region population, it gives more profitability compare to hospital with small number of beds. The more the operating period is the higher effect to the publicity and efficiency because of it's refutation. The debt ratio gives negative effect to publicity, but positive effect to profitability. It is the normal belief that there is inverse relationship between publicity and profitability. The turnover rate of bed gives the negative affect to the publicity, but positive affect to the efficiency and profitability. That give us the implication that type of the inpatient make different effect the hospital performance. The ratio of labor cost give negative effect to all kind of performance. That means that the higher labor cost don't mean the higher publicity and labor cost control is very important factors to hospital performance. So the region hospital have to focus the labor factors more to make higher performance. Conclusion: As the conclusion, the independent variables give similar effect to the efficiency and the profitability, but give inverse effect to the publicity. That means that if an region hospital want to make the more publicity, it loss the higher efficiency and profitability. Specially publicity is higher negative relation with the profitability.

The Effect of Workers' Human Resource Development and Recognition of Job Performance Level on their Job Satisfaction (근로자의 인적자원개발과 직무수준인지가 직무만족도에 미치는 영향)

  • Hong, Sung-Hee;Kwak, In-Suk
    • Journal of Family Resource Management and Policy Review
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    • v.12 no.2
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    • pp.73-93
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    • 2008
  • The purpose of this study was to analyze the effects of workers' human resource development and their recognition of human resource on-the-job satisfaction. A sample of 4,727 workers that was selected from Korea Labor Panel Data was analyzed by t-test and multiple regression, and was tested by causal effects among related variables. The major findings were as follows: First, the workers' recognition of their job performance level vs. educational attainment was affected by their annual income, job status, educational attainment, gender, and experiences of human resource development. Second, the workers' job satisfaction was affected by gender, age, educational attainment, health status, job status, annual income, experiences of human resource development, recognition of their job performance level vs. educational attainment, and recognition for their job availability. Third, the factors that had a causal effect on workers' job satisfaction were educational attainment, gender, age, health status, annual income, and experiences of human resource development. Above all, workers' educational attainment had a strong direct effect on job satisfaction, and annual income had a strong indirect effect on it. From these findings, it can be concluded that workers' effort and trial for development and investment of human resource played an important role in increasing job satisfaction.

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Determinants of the National Health Expenditures: Panel Study (국민의료비 결정요인분석)

  • 최병호;남상호;신윤정
    • Health Policy and Management
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    • v.14 no.2
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    • pp.99-116
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    • 2004
  • This study estimates the determinants of national health expenditures of OECD countries using panel regression method. The data used are OECD Health Data(2003) covering 33 countries and from 1970 to 2001. This study shows several important different results compared to the previous studies. Further this study estimates the determinants of Korean case using data from 1m to 2000, and compare with the results of OECD panel. The main findings are as follows. The income elasticity of health expenditures is estimated below 1.0, but is shown above 1.0 when the different health systems of each country are controlled. The women's labor participation influences strongly positive effect on the health expenditures. The diffusion of new technologies is positively related with the increasing expense. The increasing government expenditures have a tendency not to contain health expenses, but to increase expenses. The expansion of public health insurance holders is containing the expenses, and the increasing number of doctors is pushing expenditures. This implies the health expenditures are influenced more by the induced demand of providers rather than the moral hazard of patients. However, the above result is opposite in Korean case. The existence of primary care doctors affects slightly up warding rather than containing expenditures. Finally the determinants are seriously depending upon which factors are included in the model and which statistical model is chosen. Therefore it must be cautious to interpret the results of statistical model.

Unpaid fami1y workers In family businesses: their job characteristics and job satisfaction (가족기업의 무급가족종사원에 관한 연구: 일 관련 특성과 직업만족도를 중심으로)

  • Koh Sun-Kang
    • Journal of Family Resource Management and Policy Review
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    • v.8 no.2
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    • pp.43-60
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    • 2004
  • The purpose of this study is to examine characteristics of unpaid family workers in family-owned businesses and to determine factors associated with their job satisfaction. Analyses of unpaid family workers from whom Korea Labor and Income Panel Study(KLIP) gathered data in 2000 were used to accomplish this. According to these analyses, the important factors in predicting job satisfaction are the age of unpaid family worker, household income, hours of work in a week size of family-owned business, and job classification.

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Households' Financial Status Estimation with Financial Ratios (재무비율을 이용한 소득계층별 가계재무구조분석)

  • Huh, Kyung-Ok;Han, Su-Jin
    • Korean Journal of Human Ecology
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    • v.14 no.4
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    • pp.613-629
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    • 2005
  • This research analyzes household financial structures and ratios to understand factors of household utility. Its main themes are as following: First, what kinds financial structures are found at each level of income? Second, how are they different by the level of income? Third, what factors contribute to appropriate financial ratios? The themes are supported by the texts on financial ratios from both inside and outside of Korea and proved by the Korean Labor and Income Panel Survey, the fifth annual edition. The households are exempted that do not support the household principle record in the principle and household economy record. Accordingly, this survey is from a financial structure analysis of 3,762 households. The analysis utilizes SPSS Window (Version 10.0) program. The following are the results: First, the income level 4 and above, in which the increasing number indicates a higher level of income, are highly ranked on the income-expense level and the asset-debt rate. Also, level 4 has a strong financial structure, whereas level 1 does not. Apparently, the management of the household is complicated by debt redemption and a lower level of assets. Second, Ratio 1, Ratio 2, Ratio 4, and Ratio 5 are different by the level of income. Third, the level of income contributes to the appropriate financial ratio. The financial safety and prospective financial structure at each income level is an important variable. Households with a high income, in particular, have to balance their finances and capital, reducing liabilities and increasing the total assets. In other words, the family must hold assets to enhance efficiency according to the character and income level of the household. This research is a useful resource for such a decision-making as to improve household financial structure stability. Also, it can be adopted to evaluate financial products for specific households and be used for economic and social welfare planning to predict how households influence the nationwide economy.

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An Empirical Study on Effect of Property Income on Income Inequality (부동산소득이 지역별 가구 소득불평등에 미치는 영향에 관한 실증연구)

  • Chun, Haejung
    • Journal of the Economic Geographical Society of Korea
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    • v.17 no.3
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    • pp.502-516
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    • 2014
  • This study has decomposed the Gini coefficient using Korean Labor & Income Panel Study data and empirically analyzed the impact of demographic characteristics and source-specific income of householder on the household income gap using panel analysis. The scope of areas were divided into 'nationwide,' 'metropolitan areas,' and 'non-metropolitan areas,' and the period before and after the global financial crisis was examined. The analysis findings are as follows. First, when the entire period was examined by income source using Gini decomposition with division of areas into 'nationwide,' 'metropolitan areas,' and 'non-metropolitan areas', the following results were revealed. The absolute and relative contribution level of property income to the gross income was the largest in the category of 'nationwide' and 'metropolitan areas,' while the contribution level of earned income was the largest in the category of 'non-metropolitan areas'. In addition, property income worsened the household income gap the most in the category of 'nationwide' and 'metropolitan areas.' Second, property income worsened the household income gap less after the financial crisis than before the crisis. It is probably because the price of real estate skyrocketed before the global financial crisis, worsening the household income gap, whereas the price drop after the crisis temporarily alleviated the gap. Third, a correlation analysis revealed that households with older householders whose education is high school graduation or below had relatively low gross income, and households with higher source-specific income, especially earned income, had relatively high gross income. Fourth, when the household income determinants were compared through panel analysis with division of areas into 'nationwide,' 'metropolitan areas,' and 'non-metropolitan areas,' the following results were obtained. While the impact of earned income, financial income, and other incomes was greater in non-metropolitan areas than in metropolitan areas, the impact of property income was greater in metropolitan areas than in non-metropolitan areas. To reduce the income gap, the government should impose higher taxes on the high-income class and provide tax benefits to the low-income class, with efforts to create a wide variety of jobs. In addition, since income inequality gets worse as the proportion of incomes generated through asset holdings becomes higher, the government should focus on stabilizing property prices while paying attention to the regional differentiation when carrying out related policies.

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Factors That Decide the Job Continuity of Young Mothers (젊은 기혼여성의 출산 후 취업연속성 결정요인)

  • 김지경
    • Journal of the Korean Home Economics Association
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    • v.42 no.3
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    • pp.91-104
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    • 2004
  • This study analyzes the critical factors that decide the job continuity of married women after one of their life events, childbirth. It is based on the employment data from KLIPS(Korea Labor and Income Panel Study). Vols. 1-4, having observed 128 young mothers who gave birth to children after 1997. The analysis showed that women's employment after their maternity leave depend on whether new mother return to their previous job or not. The Following results are obtained: First, women's age, education, availability of caretakers for their children, and family income have a positive effect on the women's return to their pre-leave employers after childbirth. Second, professional or office work and the frequency of job transition before childbirth have a positive effect on women's employment in new jobs after childbirth. Third, women's age, availability of caretakers of their children, and professional or office work are critical factors that have a positive effect on women's job continuity after childbirth, whereas the frequency of job transitions has a negative effect on employment for women.

A Comparative Study on Precarious Labor Market in Korea and Japan: Gender and Occupational Division of Precarious work (한국과 일본의 불안정노동시장 비교연구: 불안정노동의 젠더적·직업계층적 분절)

  • Back, Seung Ho;AN, Juyoung;Lee, Sophia Seung-yoon
    • 한국사회정책
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    • v.24 no.2
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    • pp.1-29
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    • 2017
  • This study compares and analyzes precarious labor market in Korea and Japan in terms of gender and occupational class. Previous studies have analyzed precarious labor limited to the level of employment type such as non-standard workers. This study reconceptualizes precarious labor in terms of the combination of employment relations and income level. In addition. we analyzed whether there are differences in the characteristics of precarious labor between Korea and Japan. In order to analyze the labor market precariousness in Korea. we used data from the 17th Korea Labor Panel Survey (2014) and for Japan. we used the 9th (2012) data from the Keio Household Panel Survey. As a result. we could confirm the feminization of labor market precariousness and horizontal division by occupation in both Korea and Japan. Also. ordered logistic regression analysis showed that the more women. and those in their 60s or older. the less skilled service workers. or the manufacturing workers are likely to face labor market instability in both Korea and Japan. The results of this analysis reflect the fact that Korea and Japan have experienced similar changes in the labor market structure with institutionalized employment protection system based on male workers.