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

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Estimating Labor Supply Elasticity in Korea (노동공급 탄력성 추정)

  • Moon, Weh-Sol;Song, SungJu
    • Journal of Labour Economics
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    • v.39 no.2
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    • pp.35-51
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    • 2016
  • Using the Korea Labor and Income Panel Study (KLIPS) from 2000 to 2008, we estimate the Frisch elasticity of labor supply. Our point estimates of the intensive margin elasticity are around 0.23. The estimates are not sensitive to changes in household income and assets as well as changes in workweek regulation during the sample period that workers shall work for 5 days per week from Monday to Friday. We also estimate the extensive margin elasticity by considering labor market participation. We find that the point estimates at the extensive margin are greater than those at the intensive margin, but not statistically significant.

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A Longitudinal Analysis of the Union Effect on the Wages (패널자료를 이용한 노동조합의 임금효과 분석)

  • Cho, Dong Hun
    • Journal of Labour Economics
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    • v.31 no.2
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    • pp.103-128
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    • 2008
  • This paper estimates the union effect on the wages using Korean Labor and Income Panel Study by using fixed-effect estimation. While the cross-sectional estimates show the size of 4.6% increase in the wages of workers in the union compared 10 the observationally identical workers in the non-union jobs, the union wage effect is estimated as 2.1% increase in the panel study. This shows that there exits an substantial upward-bias in the cross-sectional estimation of union wage effect.

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An Empirical Analysis of Intragenerational Income Mobility in Korea (우리나라의 세대 내 소득이동성에 관한 실증분석)

  • Yun, Jungyoll;Hong, Kiseok
    • Journal of Labour Economics
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    • v.35 no.2
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    • pp.43-77
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    • 2012
  • This paper investigates how individual labor income is determined by initial conditions - such as educational attainment, age, and sex - and all the other conditions. Using KLIPS (Korea Labor & Income Panel Study) database, the paper finds, first, that over the period of 1998-2008, cross-sectional income distribution has deteriorated for the whole sample but not within each age group. Second, income mobility defined by the relative importance of initial conditions in individual income disparities has moderately increased in most age groups.

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Wage Differentials between Standard and Non-standard Workers: Assessing the Effects of Labor Unions and Firm Size (정규직과 비정규직의 임금격차 : 노동조합과 기업규모의 영향을 중심으로)

  • Lee, Injae;Kim, Tai Gi
    • Journal of Labour Economics
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    • v.32 no.3
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    • pp.1-26
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    • 2009
  • Using panel data from the Korean Labor and Income Panel Study(KLlPS), we examine the wage differentials between standard and Don-standard workers. To control for unobserved individual heterogeneities, we estimate the fixed effect models. Our results show that the OLS estimates are upwardly biased. We also find that labor unions and firm size are important determinants of the wage differentials.

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Autoregressive Cross-Lagged Analysis on Organizational Commitment and Job Satisfaction of Security Employees - Utilization of Korean Labor and Income Panel Study - (보안업 종사자의 조직몰입과 직무만족에 관한 자기회귀교차지연 분석 - 한국노동패널자료의 활용 -)

  • Kim, Woo-Jin
    • Korean Security Journal
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    • no.50
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    • pp.119-141
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    • 2017
  • The purpose of this study is to analyze the longitudinal causal relationship between organizational commitment and job satisfaction, focusing on security related workers. For this purpose, the Korean Labor and Income panel data were classified into security employees. Data were analyzed using SPSS 18.0 and AMOS 20.0, and validity and reliability analysis were conducted before hypothesis testing. The results of the analysis show that organizational commitment at time t-1 has a positive effect on organizational commitment at time t, and that job satisfaction at time t-1 has a positive effect on job satisfaction at time t Respectively. The results of this study are as follows: 1) The organizational commitment has a significant effect on the job satisfaction. 2) The effect of job satisfaction on organizational commitment was also significant 3) The cross-lagged coefficients show that organizational commitment precedes job satisfaction and serves as a predictor

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The Effect of Military Service on Wages in Korea (군 복무 여부가 임금결정에 미치는 효과)

  • Eom, Dong-Wook
    • The Korean Journal of Applied Statistics
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    • v.22 no.4
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    • pp.805-817
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    • 2009
  • Interest about the effect of military service is increasing because of the renewal of military service incentive system in Korea. In the background, men has been experienced which suffer monetary and non-monetary damages through the compulsory military service in Korea. However there are few studies that analyze the labor market effect of military service. This study takes advantage of male worker's data of 10th KLIPS(Korea Labor & Income Panel Survey) in 2007 and analyze the wage effect of military service. According to empirical result using Mincerian earnings function, the positive effect of military service appeared. These result shows men who finished military duty have an monetary advantage in Korean labor market unlike general perceptions on military service.

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.

Female-Heads' Employment and Household Economic Status of the Single-Mother Households (편모가계 여성가장의 취업 및 가계의 경제상태 : 양부모 가계와의 비교 분석)

  • 이성림
    • Journal of Families and Better Life
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    • v.22 no.1
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    • pp.169-179
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    • 2004
  • This study investigated female-head's employment and household economic status of the single-mother households compared to those in the two-parent households using the data from the Korean Labor and Income Panel Study. Major findings are: first, female-heads showed lower educational attainment, lower labor force participation rate, lower occupational status, and lower wage rates than male-heads; second, the level of household income was as 1.3 times as the Minimum Living Cost and the level of household expenditure was close to the Minimum Living Cost; third, one-thirds of single-mother households were in poverty. Based on the results, the implications to public policy were suggested.

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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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.