• Title/Summary/Keyword: Marginal Labor Force

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A Study on the Economic Activities of Marginal Labor Force (한계노동력 경제활동참가 형태에 대한 연구)

  • Yun, Heesuk
    • KDI Journal of Economic Policy
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    • v.27 no.2
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    • pp.155-203
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    • 2005
  • This paper intends to provide information about whichgroups should receive particular attention from policies aimed at raising participation and employment. A detailed portrait of the diversity of non-employment is presented with description of the extent the under-represented groups stayed in situations of labor inactivity. Also, once in employment, how these groups move from one sector to another is a main interest in the analysis. Using longitudinal data (1998-2002) constructed from 'the economically active population survey', I followed individuals over a five-year period and analyzed how frequently inactive persons enter the labor market and how they change industries and statuses.

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Labor Market Dynamics in the Self-employed Sector in Korea (자영업부문(自營業部門)을 중심(中心)으로 한 노동력(勞動力)의 유동(流動))

  • Ryoo, Jaewoo;Choi, Hoyoung
    • Journal of Labour Economics
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    • v.23 no.1
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    • pp.137-165
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    • 2000
  • This paper empirically analyzes the behavioral patterns of the labor flows surrounding self-employment. One of the findings is that, while a substantial portion of the labor flows into (and from) the self-employment sector is a movement from (and into) the non-employment, such flows are largely confined to a relatively small group of marginal workers. Still, the share of those marginal workers among the self-employed has declined steadily at least until the outburst of the financial crisis in 1997, evidencing that the job stability has been increased in this sector. On the other hand, the expected duration of self-employment has shown a downward trend up until 1990 but has increased since then. Such a trend reversal is also observed in the proportion of the labor force self-employed, indicating that the former is at least partly responsible for the latter.

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AN EMPIRICAL BAYESIAN ESTIMATION OF MONTHLY LEVEL AND CHANGE IN TWO-WAY BALANCED ROTATION SAMPLING

  • Lee, Seung-Chun;Park, Yoo-Sung
    • Journal of the Korean Statistical Society
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    • v.32 no.2
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    • pp.175-191
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    • 2003
  • An empirical Bayesian approach is discussed for estimation of characteristics from the two-way balanced rotation sampling design which includes U.S. Current Population Survey and Canadian Labor Force Survey as special cases. An empirical Bayesian estimator is derived for monthly effect under presence of two types of biases and correlations It is shown that the marginal distribution of observation provides more general correlation structure than that frequentist has assumed. Consistent estimators are derived for hyper-parameters in Normal priors.

An Empirical Study to Estimate Fisheries Productivity Using a Statistical Application (어업생산성 추정을 위한 통계적 응용에 관한 실증 연구)

  • 김원재
    • The Journal of Fisheries Business Administration
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    • v.23 no.2
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    • pp.91-99
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    • 1992
  • It has been one of the critical issues that the researchers properly evaluate the fishing rights foregone by the coastal development activities like wetland reclamation. Particularly, estimating the productivity of concerned fishing rights is known to play a significant role in their monetary compensation. As a result, this paper attempts to develop a statistical model characterized by Cobb-Douglas production function in conjunction with the fisheries' productivity estimation. The primary hypotheses involving their statistical production function are as below : 1. The quantity of fisheries production is hypothesized to be expressed as a function of capital (K) and labor(L) put into fishing activities. 2. The estimated parameters of K and L are hypothesized to satisfy the conventional condition of production function as a form of Cobb-Douglas. These statistical tests reveal that the shellfish farming productivity heavily depends on the acre of mariculture while the input of labor force also considerably affects its productivity. In case of the fixed net fishing productivity, both the factors of capital and labor similarly affect the marginal change in its productivity. En addition, the productivity of shellfish (arming turns out to follow the increasing returns to scale, whereas that of fixed net fishing comes up with the decreasing returns to scale.

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Education and First Occupational Attainment among Korean Women: Trends in the Association (여성의 교육과 첫 직업성취: 연관성의 시계열적 변화양상)

  • 박현준
    • Korea journal of population studies
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    • v.26 no.1
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    • pp.143-170
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    • 2003
  • During the last few decades dramatic expansion of education occurred for women as well as men in Korea. Taking into account such a rapid expansion of education, this study examines trends in the effects of education on first occupational attainment among Korean women. Using the data from "the 4th Survey on Women's Employment," conducted by Korean Women's Development Institute in 2001, this study investigates the trends across three cohorts classified on the basis of the year of labor force entry after schooling: before 1980, 19801989, and 1990 or later. First, log-linear models are applied to the data to detect the temporal change in the overall association between education and first occupational attainment controlling for marginal distribution. The log-linear analysis shows that the strength of association between education and first occupation has declined over time. An additional analysis of OLS regression is conducted to see how the effects of each level of educational attainment on occupational prestige have changed across the three cohorts. The results of OLS regression suggest that the differences in prestige scores between the lowest and each of other educational levels are narrower in recent cohorts.t cohorts.

Nonignorable Nonresponse Imputation and Rotation Group Bias Estimation on the Rotation Sample Survey (무시할 수 없는 무응답을 가지고 있는 교체표본조사에서의 무응답 대체와 교체그룹 편향 추정)

  • Choi, Bo-Seung;Kim, Dae-Young;Kim, Kee-Whan;Park, You-Sung
    • The Korean Journal of Applied Statistics
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    • v.21 no.3
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    • pp.361-375
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    • 2008
  • We propose proper methods to impute the item nonresponse in 4-8-4 rotation sample survey. We consider nonignorable nonresponse mechanism that can happen when survey deals with sensitive question (e.g. income, labor force). We utilize modeling imputation method based on Bayesian approach to avoid a boundary solution problem. We also estimate a interview time bias using imputed data and calculate cell expectation and marginal probability on fixed time after removing estimated bias. We compare the mean squared errors and bias between maximum likelihood method and Bayesian methods using simulation studies.

Simulation of Pension Finance and Its Economic Effects (연금재정(年金財政) 시뮬레이션과 경제적(經濟的) 파급효과(波及效果))

  • Min, Jae-sung;Kim, Yong-ha
    • KDI Journal of Economic Policy
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    • v.13 no.1
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    • pp.115-134
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    • 1991
  • The role of pension plans in the macroeconomy has been a subject of much interest for some years. It has come to be recognized that pension plans may alter basic macroeconomic behavior patterns. The net effects on both savings and labor supply are thus matters for speculation. The aim of the present paper is to provide quantitative results which may be helpful in attaching orders of magnitude to some of the possible effects. We are not concerned with the providing empirical evidence relating to actual behavior, but rather with deriving the macroeconomic implications for a alternative possibilities. The pension plan interacts with the economy and the population in a number of ways. Demographic variables may thus affect both the economic burden of a national pension plan and the ability of the economy to sustain the burden. The tax transfer process associated with the pension plan may have implications for national patterns of saving and consumption. The existence of a pension plan may have implications also for the size of the labor force, inasmuch as labor force participation rates may be affected. Changes in technology and the associated changes in average productivity levels bear directly on the size of the national income, and hence on the pension contribution base. The vehicle for the analysis is a hypothetical but broadly realistic simulation model of an economic- demographic system into which is inserted a national pension plan. All income, expenditure, and related aggregates are in real terms. The economy is basically neoclassical; full employment is assumed, output is generated by a Cobb-Douglas production process, and factors receive their marginal products. The model was designed for use in computer simulation experiments. The simulation results suggest a number of general conclusions. These may be summarized as follows; - The introduction of a national pension plan (funded system) tends to increase the rate of economic growth until cost exceeds revenue. - A scheme with full wage indexing is more expensive than one in which pensions are merely price indexed. - The rate of technical progress is not a critical element in determining the economic burden of the pension scheme. - Raising the rate of benefits affects its economic burden, and raising the age of eligibility may decrease the burden substantially. - The level of fertility is an element in determining the long-run burden. A sustained low fertility rate increases the proportion of the aged in total population and increases the burden of the pension plan. High fertility has inverse effects.

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Employment Support for the Low-income Elderly in the OECD Countries: Implications for Senior Employment Policy (OECD 국가의 저소득 고령자 고용지원정책 : 노인일자리사업에 주는 함의)

  • Ji, Eun Jeong
    • Korean Journal of Social Welfare Studies
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    • v.44 no.3
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    • pp.177-206
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    • 2013
  • The Korean government has implemented the senior employment policy as a direct job creation policy since 2004. A realistic discussion of policy alternatives and orientation for this has been given little attention even though senior employment policy has been carried out for the last 10 years and it will be expanded next year. This study tries to examine active labor market policy especially focusing on direct job creation programs and policies for the disadvantaged low-income elderly in OECD countries, and then it suggests some developmental alternatives for senior employment policy based on the study's results. The main results from this analysis are summarized in two points. Firstly, except pension policies, employment policy for older workers in the OECD countries is highly proportional to the tackling of objective factors reducing the demand for older workers (wage subsidies, reduced social security contribution rate etc). And the strategies of improving employability have not been relatively important and direct job creation policy has been marginal. Secondly, employment support policies for the low-income elderly can be divided into three types: support for the low-income elderly, alleviating early retirement and support for full employment according to the criteria which are determined by policy objectives and the social economic index. Korea's employment support policies belong to the type of direct job creation among them. This seems to be due to the fact that the rate of elderly poverty is extremely high and an income security system has not been developed in Korea. However, the policy objective is still uncertain. Therefore, this policy needs to set up clear objectives and establish a proper system for the achievement of its goals. If we focus on the strength of its employment characteristics, we need to modify the policy's plan in the perspective of labor market policy. But if we intend to keep both of the current objectives, it is better for this policy to be divided into two parts: social participation and income supplements. Or it also may be a solution to transform the system into an employment service, a training system which supports participants to move into unsubsidized jobs such as SCSEP in the U. S.