• Title/Summary/Keyword: female wage

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The Review of Female Labor Supply (여성의 노동공급에 관한 고찰)

  • 조유현
    • Journal of the Korean Home Economics Association
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    • v.36 no.11
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    • pp.209-218
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    • 1998
  • The purpose of this study was to conduct the review of female labor suply, and thus, to provide useful theoretical and empirical frameworks for future studies related to female labor supply. Based on the theory of the allocation of time, the process of individual labor supply was systematically reviewed. Participation Probit/Logit, Tobit, and Selection B;ias Corrected Regression were considered in estimating the function of female labor supply which modifies the selection bias. Based on the previous empirical results, wage rate, asset income, husband's income, the level of eduction, and child-related variables such as the presence of child and the number of children might be considered for the empirical specification of female labor supply.

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Revisiting the Gender Wage Gap in Korea: Focusing on Working Hours by Occupation (한국의 직종 내 성별 임금격차 분석: 직종별 노동시간을 중심으로)

  • Lim, Nayeon;Choi, Minsik
    • Journal of Labour Economics
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    • v.40 no.4
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    • pp.115-158
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    • 2017
  • This paper explores the relationship between working hours and the residual gender wage gap in Korea. Because the labor practice of working long hours in Korea favors men, who tend to spend little time on domestic labor, long working hours can influence the residual gender wage gap by discriminating against women. We analyze this discrimination empirically, and find the following results. First, the returns from working long hours are not high in most occupations in Korea. Second, working hours have a positive effect on the residual gender wage gap in male-dominated occupations, but not in female-dominated ones.

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성별 임금격차의 차이와 차별

  • Yu, Gyeong-Jun
    • KDI Journal of Economic Policy
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    • v.23 no.1_2
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    • pp.193-231
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    • 2001
  • The purpose of this study is to clarify the real causes of gender wage differentials in Korea by analyzing changes over the period from 1984 to 1999. The participation rate of women in the Korean labor force has gradually increased since 1963, reaching 47.4 percent as of 1999. This increase can be attributed to more active participation by women of all ages, except those aged 15-19, as a result of their enrollment in higher level education. In particular, a remarkable rise in labor market participation was achieved by those aged 25-29. On the other hand, the ratio of female workers earnings to that of male workers has increased from 45.1 percent in 1972 to 63.1 percent in 1999. However, when the gender wage differentials are decomposed into various factors, it is found that discrimination components against female workers, compared to the skills or productivity characteristics, played a greater role for the 1994 to 1999 period.

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On the Gender Wage Gap in Korea: Focusing on KOSPI listed companies (한국 상장기업의 성별 임금격차에 관한 연구)

  • Chung, Jay-Man;Sul, Won-Sik
    • Journal of Industrial Convergence
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    • v.18 no.2
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    • pp.19-26
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    • 2020
  • This study analyzed the status and trend of gender wage gap among listed companies in KOPSI market over the 2000-2017 period. The main results of the study are as follows. First, the gender employment gap index for KOSPI listed companies stood at 39.81 in 2017, with 40 women per 100 men being employed. Although the absolute value of the proportion of female employment remains low, it has not only been higher than 33.74 in 2000 but has also increased steadily in recent years. In terms of the number of years of service, the average number of male employees in 2017 was 9.9 years, compared with 6.9 years for female employees, and the gender tenure gap decreased over the past few years. Finally, The gender wage gap index increased from 60.57 in 2000 to 67.87 in 2017. In addition, there are slight variations in the size of the company or industry, but consistent results have shown that the gender wage gap decreases in recent years. The findings suggest that our society is developing in a way that reduces the gender employment gap and the gender wage gap.

Gender Difference in Job Mobility in Korean Labor Markets (한국노동시장의 남녀 직장이동 요인별 차이와 직장이동 유형별 임금 변화)

  • Lee, Woojeong;Choi, Minsik
    • Journal of Labour Economics
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    • v.35 no.2
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    • pp.117-146
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    • 2012
  • This study demonstrates the gender difference in the factors that affect job changes and the resulting wage changes in the recent Korean labor market. By using the KEAPS (2003-2007), we found that male workers uniquely tend to stay longer at their current jobs when they have families to support. After controlling self-selection bias, we also found that wage changes resulting from switching jobs differ between male and female workers during this studied period.

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Retirement of Older Wage Workers in Korea: Hazard Model Analysis by Firm Size (한국 장년임금근로자들의 퇴직: 사업체 규모별 위험모형분석)

  • Lee, Chulhee;Lee, Esther
    • Journal of Labour Economics
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    • v.38 no.1
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    • pp.31-65
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    • 2015
  • This paper examines why older wage workers leave their jobs and what determine the hazard of retirement. Major results are as follows. First, aged workers leaving their jobs because of formal mandatory retirement are relatively few in number and largely males employed in large establishments. Second, a higher hourly wage is associated with a greater retirement hazard, especially among male employees of large firms. Third, informal mandatory retirement puts a strong pressure towards retirement among older female workers. Fourth, poor health is the primary reason for retirement among older workers, especially for females and small-firm employees. Finally, reasonable hours and greater flexibility of work tend to lower retirement hazard. We discuss some implications of the results for old-age labor market policies.

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Working Conditions and Firm Survival (임직원 근로조건과 기업생존)

  • Cho, Seung-Mo
    • Asia-Pacific Journal of Business
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    • v.9 no.4
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    • pp.157-180
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    • 2018
  • This paper empirically analyzes how working conditions of employees and executives affect Korean companies' survival. To this end, a survival analysis based on the accelerated failure time model is conducted from the end of December 2012 to the end of September 2018 on the 2012 year-end financial data for corporations whose common stocks have ever been listed either in the KOSPI market or in the KOSDAQ market with fiscal year ending at the end of December. The analysis shows that the average wage level per employee and the number of executives relative to the number of employees threaten while the average duration of service for female employees prolongs firm survival. Here, the average wage level per employee has turned out to worsen firm survivability regardless of the gender of employees in question while the average duration of service improves firm survivability only in case the employees are female: the average duration of service for male employees or the entire employees has turned out not to have any statistically significant influence on firm survival. The average compensation per executive and the percentage of temporary employees have turned out not to have any statistically significant influence on firm survival while the percentage of female employees has shown statistically significant positive influence on firm survival in some, although not all, models employed in our study. These results are expected to be a good reference in the course of our reaching agreements regarding the improvement of working conditions either between firms and employees or among the members of the entire society.

Convergent Factors Related to Depression of Wage Workers in Korea: Focusing on Gender Differences (한국 임금근로자의 우울과 관련된 융복합적 요인: 성별 차이를 중심으로)

  • Kwon, Young-Sook
    • Journal of the Korean Applied Science and Technology
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    • v.38 no.4
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    • pp.1029-1044
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    • 2021
  • This research was conducted to investigate the prevalence of depression and convergent factors related to depression in male and female wage workers. Using data from the 2014 and 2016 Korea National Health and Nutrition Examination Survey, 3,763 adults (1,888 males, 1,875 females) between the ages of 19 and under 65 were analyzed. Depression was measured by the Patient Health Questionnaire-9 (PHQ-9), and the depression (PHQ-9≥10) of all workers was 4.1% (3.2% for men, 5.0% for women). Multiple logistic regression analysis was performed to evaluate the depressive factors of male and female wage workers. In male workers, work-related characteristics such as employment type and working hours per week were found to be significantly related to depression even after adjusting for socio-demographic characteristics, health-related characteristics, and life style characteristics. However, in female workers, work-related characteristics did not expose a significant relationship, showing a difference from male workers. Therefore it is necessary to develop and implement workplace counselling or mental health promotion programs that take into account the gender characteristics of depression risk factors. Also, as health-related characteristics (diagnosis of depression, suicide plan, perceived stress level, unmet medical services, self-rated health status) were found to be related to depression for both male and female workers, continuous management of these factors is required.

The wage determinants of college graduates using Heckman's sample selection model (Heckman의 표본선택모형을 이용한 대졸자의 임금결정요인 분석)

  • Cho, Jangsik
    • Journal of the Korean Data and Information Science Society
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    • v.28 no.5
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    • pp.1099-1107
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    • 2017
  • In this study, we analyzed the determinants of wages of college graduates by using the data of "2014 Graduates Occupational Mobility Survey" conducted by Korea Employment Information Service. In general, wages contain two complex pieces of information about whether an individual is employed and the size of the wage. However, in many previous researches on wage determinants, sample selection bias tends to be generated by performing linear regression analysis using only information on wage size. We used the Heckman sample selection models for analysis to overcome this problem. The main results are summarized as follows. First, the validity of the Heckman's sample selection model is statistically significant. Male is significantly higher in both job probability and wage than female. As age increases and parents' income increases, both the probability of employment and the size of wages are higher. Finally, as the university satisfaction increases and the number of certifications acquired increased, both the probability of employment and the wage tends to increase.