• Title/Summary/Keyword: wage system

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A New Empirical Investigation of Employment, Wages and Output -A Comparative Study of the US and Japan-

  • Sung, Jaewhan
    • Journal of Labour Economics
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    • v.21 no.2
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    • pp.17-46
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    • 1998
  • In this paper, I pursue an empirical analysis of different patterns of employment and wage adjustments to demand changes for the US and Japan. Analyzed are the data in the 70's and 80's, the period that the two countries are believed to show most conspicuous diverging patterns. Using the framework of cointegration and error correction, I establish that in the US it is employment level, while in Japan it is wages, that is more responsive to output fluctuations both in the long run and the short run. All the comparisons on the long run relationships are estimated and tested based on the system cointegrating regressions, and the transition from the short run to the long run responses are investigated using impulse response analysis of the error correction models. I also study differences across genders and establishment sizes within each country. For males and females in Japan, the adjustments are significantly different both in the long run and the short run, but for the firms of different sizes they diverge only in the short run. In contrast to some of the earlier work, the gender effect turns out to be insignificant in the US.

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A Comparative Study on Forecasting Models of Korean Entrepreneurs' Characteristics and Performances : Case of Manufacturing, Construction and Technological Industries (한국의 기업가 특성 성과 예측 모델 비교연구 : 제조업, 건설업 및 기술산업을 중심으로)

  • Lee, Sae-Jae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.3
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    • pp.109-116
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    • 2007
  • Entrepreneurship is considered as the main leadership creating enterprises and employment. However, in Korea empirical studies linking Korean entrepreneurial performances with her characteristics are rarely in existence. Current study focuses on Korean entrepreneurs in manufacturing, construction and other technologically intensive (MCOT henceforth) industries compared to entrepreneurs in service and other technologically less intensive (SOT henceforth) industries and to professional/technical wage workers and examines effects of human capital, demographic, and risk-taking characteristics on earnings. Education premium is higher for entrepreneurs in MCOT industries than for professional/technical workers, even though science and engineering diploma pays better in the latter, and that concentration in college causes more selection into the latter occupational family. In terms of education premium and effects of other characteristics SOT industry entrepreneurship and self-employment appear to be lower grade occupational families, even though there appear to be significant comparative advantages working in their selection.

A Study on the Italian Food Menual and Regional Characteristic Cooking method. (이태리요리의 지역특색과 국내 이태리요리의 manual 운영에 관한 연구)

  • 정진우;조용범
    • Culinary science and hospitality research
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    • v.4
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    • pp.437-453
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    • 1998
  • As hotel industry is growing more and more with increasing income and free time, departments of Rooms and Food & Beverage(F&B) in hotels are getting more important. Especially F & B department in hotel has been playing an important role in marking 39.9% of total revenue. It is certain that F & B will be more crucial. The printed menu is an extremely important marketing tool in order to increase profits. A well-designed and well-produced menu can afford to promote efficiencies in the kitchen, to get practical service system, to save the time and to provide customers with good food. A well-designed menu can also draw to reduce expenditure on wage and food stuff.

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The Effect of 1995 Tax Reform on Labor Supply in Korea (1995년 소득세제 개편이 노동공급에 미친 영향)

  • Chun, Dongmin
    • Journal of Labour Economics
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    • v.41 no.4
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    • pp.1-30
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    • 2018
  • The 1995 tax reform in Korea has brought adjustment to the tax bracket, marginal tax rate, and tax deduction system which resulted in significant decrease in the income tax progressivity. In this paper we study the causal effect of the tax reform on male labor supply using difference-in-differences method. Using the data from Economic Active Population Survey (EAPS) and Daewoo Panel Data, we find about 1.5% increase in the hours worked of male wage workers.

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A Study on development process and Union movements of Korea's Union. (한국 노동조합의 발전과정과 노동운동에 관한 연구)

  • 채규옥;한기수
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.33
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    • pp.185-197
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    • 1995
  • Labor union movements brought wage workers into being in the process of industrialization after the Industrial Revolution and they were started with efforts to solve a variety of special problems, brought up in the industrial society by systematic activities. Labor union shows us many differences in the direction of the movement according to its philosophical tendency. Objective of this study is as follows : To find out the problems of labor union movements for democratization of management to present the direction of labor movements based on the democracy of Industry. Accordingly chapter II examines on the Labor union literally for better understanding of the labor union movements Chapter III deals with the structure, characteristic and development process of our country's labor union chronologically. And on the basis of the development process chapter IV suggests the roles on the union, management and government for better union movements. Chapter V reaches a conclusion.

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Labor Mismatch Study on Medium and Small Companies in Suwon Region (수원지역 중소기업 인력수급 불일치에 관한 연구)

  • Oh, Won-sun
    • Journal of Industrial Convergence
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    • v.5 no.2
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    • pp.99-120
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    • 2007
  • The purposes of this paper are to investigate mismatch in labor supply and demand on small and medium industries in Suwon region by conducting surveys to potential employees and employers, and to suggest alternative policy means to eliminate those mismatch conditions. Reasons of occupation change, difference in terms desired in occupation between potential employee and employer, understanding in mismatch, and measure of labor shortage by firms are analyzed in this paper. The report's recommendations to eliminate labor mismatch in small and medium industry are categorized into two groups: working conditions and occupation competence. Narrowing the working conditions gap, utilization of idle workers, establishment of flexible wage system are suggested to eliminate labor condition mismatch. In addition, potential employees need to meet working requirements by building up both wide use ability, occupation specific ability, and industry specific ability.

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Working hours and the regulations in Korea

  • Inah Kim;Jeehee Min
    • Annals of Occupational and Environmental Medicine
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    • v.35
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    • pp.18.1-18.7
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    • 2023
  • South Korea has the highest policy priority for working hour regulations because it has longer annual working hours than other Organization for Economic Development Co-operation and Development countries and has fewer holidays. According to the results of the Working Conditions Surveys between 2006 and 2020, in 2020, 6% of wage earners worked for > 52 hours weekly. The percentage of workers exceeding 52 hours weekly has decreased over time; however, disparities exist based on age, industry, occupation, company type, and company size, particularly in service-, arts-, and culture-related occupations and workplaces with fewer than 5 employees. South Korea's working hours system is greatly influenced by the 52-hour weekly maximum; sometimes, a maximum of 64-69 hours, including overtime, is theoretically possible. To ensure healthy working hours, it is important to actively protect workers who fall through the cracks, such as those in businesses with fewer than 5 employees.

An Empirical Study on the Relationship of Justice, Pay Level Satisfaction and Pay System (공정성 요인, 임금수준 만족 그리고 임금제도에 관한 실증연구)

  • Lee, Jung-Gil;lee, Kwang-Hee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.3
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    • pp.118-128
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    • 2016
  • The purpose of this study is to verify the role of moderating effect of pay system on the relation between organizational justice and employee's pay level satisfaction. By default, it would be a justice find out a positive impact on pay levels satisfaction members feel. It will examine the mediating effect of the wage system the main purpose of this study is to prove their relationship. A survey was conducted to examine the role of moderating effect of pay system on the responses of 218 employees. sex, education, status, and service type were chosen as control variable, and the regression model which treated the distributive justice and procedural justice as independent variable was set. A pay system was supposed as moderating variable of the relation between organizational justice and pay level satisfaction, In addition the pay system have a dummy variable (if pay system is lower than the average, pay system is 0, else pay system is 1). The result showed that the relation of organizational justice and pay level satisfaction are significantly unique. This means that pay system moderates the relation of organizational justice and pay level satisfaction. These results are different from the prior researches which had treated pay system as mediative variable of organizational justice and pay level satisfaction. This difference may be from the property of attitude variable. For example, pay satisfaction is individual-based attitude. Moreover, organizational committment has the instrumentality for future reward, while pay satisfaction does not. The future study should consider the properties of these variables and other employee's attitude variables.

Analysis of the operation effciency with the application of fabirc design CAD system (직물설계 CAD System활용에 따른 작업성 분석)

  • Kim, Hee-Sam;Kim, Mi Sun;Lee, Young Hee
    • Journal of the Korean Society of Industry Convergence
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    • v.8 no.1
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    • pp.11-17
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    • 2005
  • This study was performed to analysis the operation process when fabric pattern design was done by the use of CAD system compared with the manual work in order to determine the operation efficiency with the application of fabric design CAD system. The results of the study were as follows: 1. since 160,000 colors were supported by CAD system, color proposed by consumer was able to match exactly according to the its design. However, exact color matching was not possible by manual work. 2. Woven state of back of pattern design could be identified simultaneously with face of it for CAD system, while face and back of the fabrics should be designed separatedly in case of manual work. 3. Since the combination of warp and filling yarn was compatible with the fabric density in one repeat unit in CAD system, exact size of pattern design to be woven was able to expressed. 4. Only simple graphical expression by manual work was seen, while with the CAD system, texture and shade effect as well as graphical expression could be expressed and so fault could be reduced in advance with the simulation of actual feeling of fabrics in the screen. In conclusion, when CAD system will be introduced to the textile industry, operation time of designing pattern can be reduced. Since the operation is easy and simple, a beginner can operate CAD system easily. Thus, production and wage costs can be saved and this can be related directly with the improvement of productivity which is the main purpose of introducing CAD system.

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Resource use of the Elderly in Long-term Care Hospital sing RUG-III (요양병원 입원노인의 환자군 분류에 따른 자원이용수준)

  • 김은경
    • Journal of Korean Academy of Nursing
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    • v.33 no.2
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    • pp.275-283
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    • 2003
  • Purpose: This study was to classify elderly in long-term care hospitals for using Resource Utilization Group(RUG-III) and to consider feasibility of payment method based on RUG-III classification system in Korea. Method: This study designed by measuring resident characteristics using the Resident Assessment Instrument-Minimum Data Set(RAI-MDS) and staff time. The data were collected from 382 elderly over sixty-year old, inpatient in the five long-term care hospitals. Staff time was converted into standard time based on the average wage of nurse and aids. Result: The subjects were classified into 4 groups. The group of Clinically Complex was the largest(46.3%), Reduced Physical Function(27.2%), Behavior Problem(17.0%), and Impaired Cognition(9.4%). The average resource use for one resident in terms of care time(nurses, aids) was 183.7 minutes a day. Relative resource use was expressed as a case mix index(CMI) calculated as a proportion of mean resource use. The CMI of Clinically Complex group was the largest(1.10), and then Reduced Physical Function(0.93), Behavior Problem(0.93), and Impaired Cognition(0.83) followed. The difference of the resource use showed statistical significance between major groups(p<0.0001). Conclusion: The results of this study showed that the RUG-III classification system differentiates resources provided to elderly in long-term care hospitals in Korea.