The Korean Journal of Applied Statistics (응용통계연구)

The Korean Statistical Society (한국통계학회)
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Structural Vector Error Correction Model for Korean Labor Market Data

구조적 오차수정모형을 이용한 한국노동시장 자료분석

  • 성병찬 (중앙대학교 응용통계학과) ;
  • 정효상 (중앙대학교 응용통계학과)
  • Received : 2013.11.17
  • Accepted : 2013.12.18
  • Published : 2013.12.31
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Abstract

We use a structural vector error correction model of the labor market to investigate the effect of shocks to Korean unemployment. We associate technology, labor demand, labor supply, and wage-setting shocks with equations for productivity, employment, unemployment, and real wages, respectively. Subsequently, labor demand and supply shocks have significant long-run and contemporaneous effects on unemployment, respectively.

본 논문에서는, 구조적 오차수정모형을 한국의 노동시장 자료에 적용함으로써, 실업률에 미치는 구조적 충격의 영향을 분석한다. 이를 위하여 기술력, 노동수요, 노동공급, 임금 부문에서의 충격을 정의하였으며, 이를 각각 노동생산성, 취업자 수, 실업률, 실질임금과 연결하였다. 그 결과로서, 노동수요 및 노동공급 충격이 각각 장기적 및 단기적으로 실업률에 유의한 영향을 미치는 것으로 나타났다.

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References

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