• Journal of Labour Economics
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• v.24 no.1
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• pp.177-205
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• 2001

This study investigates a long-tenn effect of labor career during middle life on the retirement process and income status later in life course. Two waves of KLIPS (Korean Labor Longitudinal Panel Survey) data sets collected in 1998 and 1999, are employed, which include detailed information on economic activities among those aged 15 and over. Results show that temporary, contracted workers during middle life not only have higher risk of job loss and poverty than those in permanent work status but also they are more likely to experience a stressful retirement process later in life course.

• Korean Journal of Social Welfare
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• v.64 no.2
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• pp.185-212
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• 2012

This study examines changes in income inequality and income mobility associated with a transition to old age. In understanding the dynamics of income distribution over the later life course, it is important to explore the changes in income dispersion and the changes in relative income positions jointly. Data come from Korean Labor and Income Panel Study(KLIPS) 2nd, 7th, 12th wave. The results are as follows. First, a transition to old age is associated with an increase in income inequality. The Gini index of inequality increased steadily over the life course. Second, a transition to old age is associated with substantial income mobility. The Spearman's rank correlation coefficient between two periods was the lowest at the time of the transition. Increasing income dispersion and significant income mobility can be conceptualized as "income insecurity", since the older population are less likely to cope with income fluctuations. Third, in explaining such changes over time, changes in work life during old age and a subsequent decrease in earnings seem to be the most influential factor.

• Journal of Labour Economics
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• v.25 no.1
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• pp.1-21
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• 2002

This study presents an empirical analysis of job search behaviors by using the 3rd Korean Labor and Income Panel Study (KLIPS) data. The first finding of the study is that specific job search methods, respectively categorized as the indirect and the formal pattern, show the contrasting consequences of causality, as given job searchers'personal attributes and other social factors. Secondly, this analysis confirms that job searchers' education level is the most important factor that influences their behavioral patterns in a consistent manner. Moreover, it is evident in this exploratory study that job searchers' social network (particularly whether to have close ties with relatives of high social rank) is a statistically important factor to influence the extent of job search methods in use, while their fathers' education level also significantly affects the choice of job search patterns.

• The Journal of the Korea Contents Association
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• v.19 no.9
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• pp.411-429
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• 2019

There are not many studies on job satisfaction among older workers living alone. This study examined the determinants of job satisfaction for older workers living alone, and the job satisfaction was analyzed by the demographic-social factors, the health-psychological factors, and labor factors regarding to sex and ages. Korean Labor and Income Panel Study(KLIPS, 18th) used in this study, and the subjects were 308 older worker living alone and over 55 years old. The determinants of job satisfaction for male respondents were happiness, organizational commitment, and duration of work. Howver, the determinants of job satisfaction for female respondents were age, happiness, organizational commitment, and levels of skill. Income, organizational commitment, employment stability, and duration of work were the determinants for 55-64 years old. Education, organizational commitment, and levels of skill were the determinants for 65-74 years old. Education and happiness were the determinants for 75 years old and over. Age, income, happiness, organizational commitment, employment stability, duration of work, and levels of skill were the determinants of job satisfaction for all respondents. Finally, this study proposed the policy and practical implications for improving of job satisfaction among older workers living alone.

• Korean Journal of Social Welfare
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• v.64 no.4
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• pp.163-188
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• 2012

This study examines recent trends in income inequality among the elderly in Korea. Aggregate income inequality trends are explained by examining evidence from inequality index decomposition by population subgroup and by income source. Data come from Korean Labor and Income Panel Study(KLIPS). The results are as follows. First, elderly income inequality increased from 1999 to 2002, and then decreased until 2008. Second, household composition changes appear to have disequalizing influence. The proportion of elderly people who are economically dependent on non-elderly family member or living with adult children has declined. Equalizing influence of private transfers also decreased between 2002 and 2008. These results indicate that the redistributive role of family has weakened over time. Third, the improvement of education level and changing occupational structure among the elderly household head contributed to increase in elderly income inequality. Fourth, earning's factor share has declined steadily, and the diminishing role of earnings provides equalizing influence on elderly income inequality from 2002 to 2008. Fifth, the impact of recent expansion of social insurance has changed over time. Inequality contribution of social insurance income increased from 1999 to 2002, and then decreased from 2002 to 2008.

• Journal of Families and Better Life
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• v.22 no.5
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• pp.75-89
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• 2004

The purpose of this study is to investigate the factors that determine daily financial resources interchange between adult children and their parents. The data were drawn from KLIPS(Korea Labor and Income Panel Study), vol. 5(2002). From this dataset, one thousand eight hundred and thirty six adult children's households that had interchanged with or transferred financial resources to or from their parents were selected for this study. The results of this study were as follow: First, when compared to non-interchanging households, the households that interchanged financial resources with their parents tended to have a household head who is economically active, and had relatively plenty of financial resources. Second, the amount of the transaction was much larger for the adult children's households that were reciprocally interchanging financial resources with their parents than the households that transferred resources one-way, either taking from or giving to parents. Third, the main determinants of interchanges with their parents were the household head's demographic characteristic(sex, age, and education) and residential area what affected the amount of the exchanges, on the other hand, were the household head's demographic characteristic(sex, age, and education), household income, and assets.

• KDI Journal of Economic Policy
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• v.34 no.3
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• pp.133-186
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• 2012

This paper analyzes the effectiveness of social networks in finding jobs and estimates the value of job search network using the Korean Laber and Income Panel Study (KLIPS) dataset and utilizing the Difference-in-Difference Propensity Score Matching (PSM) methodology (Heckman et al., 1997). While the wide use of social networks in the Korean labor market is often perceived as 'nepotism,' this study confirms that social networks, by serving as an effective information transmitter between job search and recruitment, make a significant contribution to improving the adequacy of job matching in the domestic labor market. In order to verify the effectiveness of using social networks for getting jobs, this study looks into the cases of labor turnover using social networks and also not using it. In the aspect of individual satisfaction improvement relating to workplace and job duties, both cases of turnover turn out to experience an increased satisfaction by 2~3 points (on a 100-score scale). Meanwhile, as for the educational and technical adequacy improvement, no positive effects are found in the case of turnover without social networks, whereas the educational and technical adequacy improvement turns out to increase by 2.13 and 2.52 points, respectively, in the case of turnover using social networks. The effect of income increase through turnover using social networks registered 40,074 Korean won per month (as of 2010), which can be considered as the result from the improved educational and technical adequacy. Of all things being considered, the value of job search network per wage worker in the Korean society is estimated to be 18.72 million won in terms of life-cycle wage improvement, and 758.2 scores in terms of the improvement of working life satisfaction. Provided that the cash value of satisfaction score 1 is equivalent to 'n' times 10,000 won, the aggregate value of job search network is estimated to be 18.72+7.582n million won, which means the total amount of costs that a wage worker in the Korean society willingly pays to maintain and manage job networks for lifetime.

• Asia-Pacific Journal of Business
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• v.10 no.4
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• pp.87-118
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• 2019

The purpose of this study is to examine the effects of person-job fit, which consists of educational fit and skill fit, on employees' intrinsic job satisfaction. To the end, the 10-year balanced panel data of the Korean Labor and Income Panel Study(KLIPS) by the Korea Labor Institute (KLI) for 2008-2017 are utilized. This study analyzes 12,730 observations by 1,273 employees by using fixed effect model, random effect model, and pooled OLS estimation method. The empirical results are as follows: First, it is founded that educational fit and skill fit seem affect job satisfaction positively. Second, the negative effects of over-education are clear and the negative effects of under-education are unclear, while the effects of over-skilled and under-skilled are insignificant statistically. Third, the results imply that the size of effect of over-education on intrinsic job satisfaction is larger than that of the effect of over-skilled. Forth, it is shown that the use of fixed effect model is more effective and trustworthy than that of random effect model and pooled OLS estimation method, implying that the effect size of coefficients which are estimated by pooled OLS method and random effect model are likely over-estimated. The empirical results above imply that firms and employees should focus on solving over-education issue before all in order to enhance employees' job satisfaction and it is needed to monitor regularly whether systemic job assignment process is done based on the employees' educational attainment and skill level and to provide more chances for job re-allocation and job rotation.

• Korean Journal of Social Welfare
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• v.57 no.2
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• pp.253-275
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• 2005

This paper empirically examines the reemployment pattern (full-time versus part-time reemployment) using pooling 6 year data of Korean Labor and Income Panel Study (KLIPS, 1998-2003). A discrete data analysis (multi-nominal logistic regression) is adopted to identify variables predicting reemployment pattern. Among those who lose full-time or part-time job in previous year, women and older people are found to have both longer unemployment durations and lower probabilities of full-time reemployment (versus either each of part-time reemployment or unemployment) than men and younger people. Therefore, the future labor market policy should be more associated with the one for reducing these gender and age differences in worker characteristics.

• Korean Journal of Social Welfare
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• v.59 no.3
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• pp.147-174
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• 2007

This study examines how path dependency of working poor labor market segmented from the primary and the secondary labor market affects employment and quality of employment of working poor. It Further examines how path dependency makes working poor to remain in the labor market and makes it difficult for them to escape from a vicious poverty cycle. Data is based on the $3{\sim}7th$ Korea Labor and Income Panel Study(KLIPS). Markov's transition probability and discrete-time hazard analysis are used for analysis. This study finds that Korea labor market is divided into three parts; the primary labor market, the secondary labor market and the working poor labor market. The proportion of employed poor has been reduced, but the proportion of non economically-active working poor has been increased and has become the main group among the working poor. This shows that labor demand of working poor is fundamentally lacking and there are structural barriers that block working poor's employment itself. The regression analysis shows that the longer working poor labor market participation is, the lower poverty-exit rate. This is an evidence of vicious poverty cycle that the poor have little chance to exit from working poor labor market, once they step into it. Therefore, the longer their participation in poor labor market, the more likely they would move only within the closed working poor labor market. Consequently, it is necessary to fundamentally reform labor market structure and to alleviate negative perception and discrimination about the poor labor while activating labor demand.