• Journal of Labour Economics
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• v.34 no.1
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• pp.71-101
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• 2011

Using an establishment-level panel data drawn from the employment insurance administrative DB, this study investigates the relationship between elderly and youth employment in Korea. The primary focus of interest is whether or not the ageing of workforce and an increase in elderly employment have negative impacts on youth employment. In the regression using the full sample, we find the evidence that a movement in elderly employment and ageing workforce are positively related to youth employment. However, we do not find consistent evidence of the positive impact of the elderly employment on youth employment in the estimations using sub-samples divided by various criteria.

• Korea journal of population studies
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• v.34 no.2
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• pp.113-133
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• 2011

The generation of babyboomers has a significant impact on the socio-economic development of the society in general. The Korean Babyboomers will soon leave from their workforce as they reach the retirement age. This, coupled with the low fertility rate, may cause a serious social problem in the society at large as well as the social welfare issues among the Korean elderly population. The Central Statistical Systems have estimated the future projection which plays critical role to establish fundamental basis for the social and economic policies of the nation. This study examined the effect of the babyboomers on the life expectancy by comparing forecasted life expectancies provided by the statistical office and the previous studies in the related areas. The study also suggested a future population projection based on fertility rates provided, along with the changes of the number of babyboomers as they become ageing. The study results with the comparison between the population projection by the statistical office are provided.

• The Journal of the Korea Contents Association
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• v.15 no.8
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• pp.226-235
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• 2015

This study aims to explore effects of social exclusion on poverty of people who are 45 years old and over with disability. It also analyzed the difference between the urban and the rural area in relation to the effects of social exclusion on poverty. The researchers conducted a secondary data analysis using the fourth wave of Korean Longitudinal Study of Ageing. The sample included in this study was 640 people who were 45 years old and over with disability. Logistic regression results showed that urban residents who were younger, did not live with a spouse, were not at workforce, and lived in a rented house tended to be on welfare. For rural residents, on the other hand, only age and marital status were significantly related to poverty. Based on the findings, the researchers indicated political implications to diminish social exclusion and poverty of people with disability.

• Journal of Digital Convergence
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• v.18 no.5
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• pp.25-31
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• 2020

This study analyzes the effects of aging workforce on human capital and the per capita gross regional domestic product, using regional panel statistics from 1995 to 2017. According to the results of the two-stage least-squares panel regression analysis reflecting the fixed effects by region, the aging of the labor force had no effect on the human capital employment ratio and per capita gross domestic product in the metropolitan cities, but reduced human capital and per capita gross domestic product in the provinces. The share of service businesses had a positive effect on human capital in metropolitan cities, but the effect was not significant in the provinces. Human capital significantly contributed to the increase in per capita gross regional domestic product in the metropolitan cities, but the physical capital stock significantly contributed to the increase in per capita gross regional domestic product in the provinces. The results of this study suggest that the human capital job policy and the per capita regional GDP growth policy due to the aging workforce may be different between metropolitan cities and provinces.

• Journal of Digital Convergence
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• v.17 no.11
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• pp.1-7
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• 2019

This study analyzed the effects of labor aging on labor productivity using panel statistics of 16 local governments from 1995 to 2017. The aging of the labor force, defined as the proportion of workers aged 60 or older in total employment, in the results of the panel regression analysis considering regional fixed effects and various adjustment variables, has a very consistent and significant negative effect on labor productivity. For every 1% increase in aging, labor productivity decreases by about 0.14 ~ 0.20%. In addition, the per capita capital stock and human capital considered as adjustment variables contributed to the increase of labor productivity, and the unemployment rate, which is a proxy variable of the economic fluctuation, has a significant negative effect on labor productivity as expected. The coefficient of the industrial structure, which represents the share of the service industry in the whole industry, was positive, but is not significant. The results of this study suggest that the design and construction of economic and educational policies that can maintain and expand human capital are necessary to curb the reduction in labor productivity expected by the aging workforce.

• Journal of the Korea Convergence Society
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• v.11 no.3
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• pp.237-244
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• 2020

Confronting rapid population ageing, Japanese government proposes various types of regional comprehensive care programs for elderly people. In particular, the Japanese government and local governments are making efforts to ensuring long-term care workforce. Among others, the government is pursuing measures to secure specialized manpower in various ways 1) Construction of infrastructure, 2) Loan system for long-term care worker, 3) Inflow of long-term care staff for foreign students, etc. Also, universities have trained numerous community care specialists through research centers for health care, social welfare, and specialized education. Korea is also expected to explode the demand for long-term care worker at the rapid rate of aging, and it is necessary to actively discuss measures to cope with it.