Determinants of Reemployment after the Economic Crisis in 1997 : An Empirical Approach Using the Cox Proportional Hazards Regression Model

IMF 이후 발생한 실업자의 실업탈피 가능성 결정요인에 관한 연구 : 콕스 비례위험 회귀분석 모형을 이용한 실증분석

  • 유태균 (숭실대학교 사회사업학과)
  • Published : 1999.12.25

Abstract

The primary purpose of this study is to empirically examine the determinants of reemployment of the unemployed after the crash of Korea's economy in 1997. This study also investigates the effects of the government unemployment programs on reemployment of the program beneficiaries. Using the data from the 1998 Survey on Unemployment Condition and Welfare Needs, co-directed by the Korea Institute of Health and Welfare and the Korea Institute of Labor Policy, a Cox regression analysis was conducted. The study results suggested that, in general, the government unemployment programs did not have noticeable effects on reemployment of the beneficiaries. The study, however, found that the effect of the government programs varied, depending on the mode of unemployment-exit, that is, full-time versus part-time reemployment. In addition, the effects of such factors on reemployment as socio-economic characteristics of the unemployed, characteristics of households with unemployed family members, and previous job characteristics are also examined. Based on the study findings, some policy implications are discussed, and suggestions are made for improving the current unemployment programs.

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