• Title, Summary, Keyword: 소득이동성

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Intergenerational Income Elasticities in Korea and Their Trend (한국의 세대 간 소득탄력성과 추세)

  • Kim, Bonggeun;Seok, Jae Eun;Hyun, Eun Ju
    • Journal of Labour Economics
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    • v.35 no.2
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    • pp.25-41
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    • 2012
  • This paper estimates the intergenerational income mobility of Korea by applying the new errors-in-variable correction methods to recent waves of the Korea Labor and Income Panel Study. The intergenerational income elasticity estimates ranged from 0.24 to 0.34 show a substantial intergenerational income association in Korea and an upward trend over time.

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An Empirical Analysis of Intragenerational Income Mobility in Korea (우리나라의 세대 내 소득이동성에 관한 실증분석)

  • Yun, Jungyoll;Hong, Kiseok
    • Journal of Labour Economics
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    • v.35 no.2
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    • pp.43-77
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    • 2012
  • This paper investigates how individual labor income is determined by initial conditions - such as educational attainment, age, and sex - and all the other conditions. Using KLIPS (Korea Labor & Income Panel Study) database, the paper finds, first, that over the period of 1998-2008, cross-sectional income distribution has deteriorated for the whole sample but not within each age group. Second, income mobility defined by the relative importance of initial conditions in individual income disparities has moderately increased in most age groups.

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The Experience of Self-employed Business and the Income Mobility by Age Group (연령별 자영업 경험과 소득계층 이동에 관한 연구)

  • Kim, Dokyun
    • 한국사회정책
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    • v.25 no.2
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    • pp.281-304
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    • 2018
  • This paper aims at analysing what impacts the experience of self-employed business have had on the income mobility. Since 2000s, the flexibilization of labor market and the population aging led to the increase of the number of self-employed job as many retirees at the age of early 50s has set up the self-employed business as a bridge job. However, previous researches just have emphasized on the impoverishment of the self-employed, but not focused on what different effects the experience of self-employed had on the income class mobility by age group. This paper compares the difference in the income class mobility by age group and employment status, and analyses its longitudinal trends. According to the result, as a whole the experience of self-employed has positive effect on the upper mobility of income class, but it become disadvantageous for the upper mobility as the age goes up. When belonging to the age group over 60s, the experience of self-employed rather increases the risk of lowering income class. Just as the experience of self-employed has different effects on income class mobility by age group, so the differentiated measures for age groups are demanded.

Trends and Cyclical Patterns of Earnings Volatility (소득변동성의 추세 및 경기변동 상 변화패턴)

  • Park, Seonyoung;Yu, Jongsoon
    • Journal of Labour Economics
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    • v.36 no.3
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    • pp.65-96
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    • 2013
  • Analysis based on the Korea Labor and Income Panel Survey data reveals that earnings have become less volatile since the exchange rate crisis, while they have become more unequal. The reduction in measured earnings volatility is not explained by changes in the composition of various economic/demographic groups but accounted for by within-group reduction in the measured earnings volatility, which in turn is attributed to the reduced earnings mobility during the sample period. It is also found that measured earnings volatility is countercyclical and earnings changes are symmetric even during recessions.

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Migration and Distribution : A Critial Examination of the Relative Deprivation Approach to Migration (인구이동의 소득분배:상대적 박탈감 모형의 재검토)

  • 김헌민
    • Korea journal of population studies
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    • v.13 no.1
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    • pp.37-50
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    • 1990
  • 본 논문에서는 인구이동과 소득분배의 관계를 분석하기 위하여 상대적 박탈감 개념을 적용한 인구 이동모형을 바탕으로 개인과 사회의 분배요소가 인구이동과 어떤 상호연관성을 갖는가를 이론적으로 검토하였다. 인구 이동으로 인한 개인의 상대적 박탈감의 변화는 이동자와 비이동자의 이동 이전과이후의 상대적 위치와 그들의 준거집단이 누구를 포함하는가에 따라 증가할수 있다. 또한 각 개인의 상대적 박탈감의 변화에 따라 사회적 소득분배는 인구이동으로 인하여 더욱 악화될수 있다는것을 논의하였다.

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Estimating the Intergenerational Income Mobility in Korea (한국의 세대 간 소득이동성 추정)

  • Yang, Jung-Seung
    • Journal of Labour Economics
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    • v.35 no.2
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    • pp.79-115
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    • 2012
  • In the study, we try to get reliable estimates of intergenerational income mobility in Korea. At first, we show that the low estimates of previous studies are mainly due to sample selection problem. The direct estimations using OLS after correcting this problem show higher values than previous estimates. We also compute the attenuation bias by decomposing the variances of earnings into the variances of permanent and transitory components of earnings by the results of the regression. Additionally, we try to estimate the range of intergenerational mobility by comparing the OLS results with the results of the two samples instrumental variable estimation and the three samples instrumental variable estimation. The results of these estimations are a little higher than or similar to OLS results.

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Changes in Income Inequality and Income Mobility Associated with a Transition to Old Age (노년기로의 이행에 따른 소득불평등 변화와 소득이동성)

  • Lee, Won-Jin
    • Korean Journal of Social Welfare
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    • v.64 no.2
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    • pp.185-212
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    • 2012
  • This study examines changes in income inequality and income mobility associated with a transition to old age. In understanding the dynamics of income distribution over the later life course, it is important to explore the changes in income dispersion and the changes in relative income positions jointly. Data come from Korean Labor and Income Panel Study(KLIPS) 2nd, 7th, 12th wave. The results are as follows. First, a transition to old age is associated with an increase in income inequality. The Gini index of inequality increased steadily over the life course. Second, a transition to old age is associated with substantial income mobility. The Spearman's rank correlation coefficient between two periods was the lowest at the time of the transition. Increasing income dispersion and significant income mobility can be conceptualized as "income insecurity", since the older population are less likely to cope with income fluctuations. Third, in explaining such changes over time, changes in work life during old age and a subsequent decrease in earnings seem to be the most influential factor.

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The Impact of Children's Education Level on Intergenerational Income Persistence (자녀의 학력이 부자간 소득계층 대물림에 미치는 영향)

  • Lee, Jin Young
    • Journal of Labour Economics
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    • v.40 no.3
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    • pp.1-28
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    • 2017
  • Using Korea Labor and Income Panel Surveys data, this paper estimates the effect of schooling level on income over time and the effect of children's education level on intergenerational income persistence. The results show that the impact of education level on income decreased over time. Also, intergenerational income persistence, measured as a dummy variable that has value one if children's income percentile group is same as the father's, increased with children's educational attainment only when the father is in upper income percentile groups. These findings indicate that education fails to play a significant role of the economic ladder and does not much help in raising intergenerational income mobility. Rather, education may possibly function as a means of intergenerational transmission of wealth through parental investment in their children's private education.

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Intergenerational economic mobility in Korea using a quantile regression analysis (한국의 세대 간 경제적 이동성 - 분위수회귀분석을 중심으로 -)

  • Richey, Jeremiah;Jeong, Kiho
    • Journal of the Korean Data and Information Science Society
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    • v.25 no.4
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    • pp.715-725
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    • 2014
  • This study uses a quantile regression analysis to investigate intergenerational economic mobility in Korea. The analysis is based on data from the 1st through 11th waves of the Korean Labor and Income Panel Study (KLIPS) conducted from 1998-2008. The household nature of the data allows us to link parents' incomes to children's incomes at different points in time. Using a quantile regression analysis instead of mean one reveals that the effect of fathers' earnings are different across the conditional distribution of sons' earnings, particularly being larger on the upper quantile than on the lower quantile. After controlling effect of sons' college education by including a dummy variable for the degree, however, the pattern among quantile effects for fathers' earnings is no longer clear. Instead a new pattern emerges that education has a much larger effect on the upper quantiles than on the lower ones. Using nonparametric estimates of conditional density curves based on the quantile regression results, we derive some interesting features in graphical forms, which are not obvious in numerical analysis.

Analyzing the Residential Mobility Factors of Low-Income Households (저소득가구의 주거이동 요인 분석)

  • Kang, Mi;Lee, Jae Woo
    • Korea Real Estate Review
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    • v.28 no.3
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    • pp.79-94
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    • 2018
  • This study analyzed the factors associated with residential mobility based on the data from the 11th to the 19th wave of the Korean Labor & Income Panel Study (KLIPS). After grouping low-income households within the first to the fourth income bracket into households that exhibited no income bracket change and those with income bracket changes during the research period, this study examined the effects of the income situation of each group on residential mobility. According to the results of the analysis, in the group of households that showed no low-income bracket change, significant effects were found only in the age of the head of the household, housing cost, and rental deposit (Jeonse) and monthly rental of the household. In the group of households that showed low-income bracket changes, findings were generally in line with those of the whole household, where total income and the number of full-time employees in the household were the same as those of the whole household, indicating that it would be necessary to improve the employment stability of low-income households. Based on the findings of this study, housing inequality is intensifying within low-income households, and, thus, housing policies, based on continuing surveys, must be implemented to enhance income opportunities and stabilize the housing needs of low-income households.