• The Korean Journal of Applied Statistics
• /
• v.25 no.6
• /
• pp.933-945
• /
• 2012

In this paper we used the KLIPS(Korean Labor and Income Panel tudy) data that surveyed from 2006(wave 9) to 2009(wave 12). Other previous studies are concerned with the panel attrition in the early wave, but this study classifies the response pattern and investigates some factors that influence panel attrition when the panel tends to stabilize. It was revealed that panel attrition was influenced by relocation and housing type through the logit model. Besides it was appeared that panel attrition was affected by the monthly living expenses and the overall household income through the decision tree.

• 한국사회정책
• /
• v.23 no.1
• /
• pp.95-123
• /
• 2016

As Korean society grows rapidly older, a systematic analysis of the determinants of labor supply behavior among the elderly becomes a prerequisite for designing more effective senior employment policies and income security regime for the elderly. Literatures review shows that a majority of previous researches have been ignoring the problem of "endogenous predictor" especially when it comes to the estimation of the effects of the two key variables, education and non-labor income, on labor supply decisions among older people. They have failed to take into consideration the unobserved heterogeneities which might affect both labor supply decisions of the elderly and their levels of education and non-labor income, which means, according to some econometric literatures, that the estimated coefficients of the two predictors can be inconsistent. The paper tries to redress the endogeneity problem by employing a panel logit model with data from the 1st. to 4th. wave of the KLoSA(Korean Longitudinal Survey of Ageing) to estimate the effects of key predictors on the probability of getting jobs among older people(ages of 60 or older). Both a random effects and a fixed effects model reaffirms that non-labor income has a negative effect on the chances of being employed. And a random effects model shows that the effect of education is also negative, as has frequently been reported by previous studies. That means the effects of education and non-labor income on elderly employment remain negative after the effect of unobserved heterogeneities is controled for and the problem of endogenous predictors is redressed through an appropriate panel data analysis. These findings mean, in turn, that when Korean baby-boomers, who had acquired an unprecedentedly higher level of education and were expected to enjoy ever-larger amount of non-labor income than their preceding generations, retires in near future, their incentives to work will become much weaker and the lack of labor-force and the burden of financing increased public pension expenditure will become more troublesome. The paper concludes with recommending some policy initiatives helpful to solve these expected problems.

• The Korean Journal of Applied Statistics
• /
• v.22 no.4
• /
• pp.805-817
• /
• 2009

Interest about the effect of military service is increasing because of the renewal of military service incentive system in Korea. In the background, men has been experienced which suffer monetary and non-monetary damages through the compulsory military service in Korea. However there are few studies that analyze the labor market effect of military service. This study takes advantage of male worker's data of 10th KLIPS(Korea Labor & Income Panel Survey) in 2007 and analyze the wage effect of military service. According to empirical result using Mincerian earnings function, the positive effect of military service appeared. These result shows men who finished military duty have an monetary advantage in Korean labor market unlike general perceptions on military service.

• Journal of Labour Economics
• /
• v.26 no.3
• /
• pp.77-114
• /
• 2003

Analyses of the special data sets constructed from the National Longitudinal Survey of Youth and the Panel Study of Income Dynamics reveal that, compared with an annual wage measure, survey week wages are significantly counter-cyclically biased due to selecting workers with strong labor market attachment. We also find that survey week wages are more counter-cyclically biased in high-wage industries than in low-wage industries, that is, inter-industry gaps of survey week wages are counter-cyclically biased. Unlike existing longitudinal studies, the current study concludes that real wages are much more procyclical in high-wage industries than in low-wage industries, which is attributed to our adoption of annual wages that is less subject to the selectivity bias. Our finding is consistent with the empirical regularity that real wages are much more procyclical for men than for women, as men are overrepresented in industries with greater real wage procyclicalities. Overall, current results do not support the predictions of segmented labor market theories for the cyclicality of real wages.

• Journal of Labour Economics
• /
• v.27 no.2
• /
• pp.1-27
• /
• 2004

The share of self-employment shows a downward trend until 1990 and then an upward trend since then. The upward trend is mainly due to more employers and more male self-employed, which implies that self-employment plays a significant role as an alternative form of employment. This paper examines whether self-employment can be a bridge between no work and wage work in the processes entering into or exiting labor market, and if so, what determines the choice of self-employment as a bridge, using the data from the Korea Labor and Income Panel Survey(Wave 1 to Wave 5). Empirical analysis employing the probit model shows that the older, female, the less educated, and persons with bad health are more likely to choose self-employment as a bridge in the exit process and that they are less likely to choose it as a bridge in the entry process. Business cycle has a statistically significant negative effect on its role of bridge employment in the exit process but not in the entry process. The result implies that, in the ageing society, labor market policy should consider self-employment as a better alternative than wage work for the aged.

• Health Policy and Management
• /
• v.14 no.4
• /
• pp.1-20
• /
• 2004

This study is to examine relationships of several socioeconomic position indicators with mortality risk in a nationwide longitudinal study of South Korea. The Korea Labor & Income Panel Study, conducted on a probability sample of urban South Korean households by Korea Labor Institute, contains date of death information for the decedents which were used to estimate relative risks of mortality and their $95\%$ confidence intervals (CI) with Cox regression analysis. A total of 125 men and women among 8,415 subjects died between 1998 and 2002. Socioeconomic differentials in mortality were observed after adjustment for sex and age. Those with less than 12-year education had 1.90 times $(95\%\;CI=1.25-2.91)$ greater mortality risk than those with 12-year education or more. Greater mortality risks were also found among those with low occupational class and manual occupation. The magnitude of differentials in mortality risks between occupational class were similar in two different approaches to measuring women's occupational class: (1) approach 1 where women, married or not, retain their own occupational class, and (2) approach 2 where married women are assigned their husbands' occupational class. Relative risks of dying among those with low household Income were 1.62 $(95\%\; CI=1.08-2.42)$ compared with the counterparts. Those who reported economic hardship at the time of survey in 1998 had greater risk of mortality $(RR=1.83,\;95\%\;CI=1.21-2.78)$ than those who did not. In conclusion, increased social discourse and policy discussions about these health inequalities are needed in Korean society. Future studies should explore the causes and mechanisms of socioeconomic mortality inequalities.

• Proceedings of the Korean Association for Survey Research Conference
• /
• 2000.11a
• /
• pp.171-200
• /
• 2000

한국노동패널조사(Korea Labor and Income Panel Study)는 비농촌지역에 거주하는 한국의 가구와 가구원을 대표하는 패널표본구성원(5,000가구에 거주하는 가구원)을 대상으로 1년에 1회 경제활동 및 노동시장 이동, 소득 활동 및 소비, 교육 및 직업훈련, 사회생활 등에 관하여 추적 조사하는 종단면 조사(longitudinal survey)이다. 매년 반복적인 조사를 통해 표본가구구성원들에 대한 다양한 내용의 정보를 수집하는 가운데 조사년수가 늘어가면서 표본가구원 개인들의 생애과정(Life Course)에 걸친 단계별 변화와 이동의 이력, 특히 학교교육력(Schooling History), 취업력(Work History) 혹은 노동시장이동(Labor Market Transitions) 과정이 구축될 수 있을 것이다. 조사구의 추출방법은 계통추출방법을 사용하였으며, 제주도를 제외한 전국의 시부만을 대상으로 1,000개의 조사구를 선정하고, 각 조사구내에서는 97년 고 3965;의 조사대상가구 중에서 5가구를 임의 선정(random sampling)하였다.다.

• Journal of Labour Economics
• /
• v.28 no.3
• /
• pp.77-109
• /
• 2005

On the basis of the Korea Labor and Income Panel Survey for the 1997 through 2003 period, this paper investigates if the income distribution has become more bi-polarized since the recent financial crisis. The polarization measure developed by Esteban and Ray(l994) and Duclos, Esteban, and Ray(2004) indicates that the distribution of total income has become much more bi-polarized than unequalized for the entire sample period. Second, the rapid increase in the bi-polarization measure is attributed to the enhanced within-group homogeneity among the lower-income group as well as the widening gap between the two groups in the mean income level. Third, no such pattern exists in the distribution of labor income. Overall, the findings in the current study would support the hypothesis of a centrifuging society which is characterized by the slow disappearance of the middle class and the formation of two poles and which is observed in the United States and the United Kingdom among others.

• Journal of Labour Economics
• /
• v.41 no.4
• /
• pp.1-30
• /
• 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.

• The Journal of Industrial Distribution & Business
• /
• v.8 no.2
• /
• pp.21-31
• /
• 2017

Purpose - The total amount of advanced Corporate Pension Insurance products exceed 148 trillion Korean Won at the end of 2016. For a firm with over 300 employees, when a bill on compulsion of introduction of Corporate Pension Insurance products, currently pending in court, is passed, Corporate Pension shall be an essential. The findings of the paper will provide a guideline for understanding on firm's attributes and its effects towards introduction of Corporate Pension Insurance products. Research design, data, and methodology - The data were collected using statistics of employer panel survey from Korea Labour Institute in 2013. The study analyses a sample survey on 1,775 outstanding enterprises and their HR department among whole corporations in Korea. For analysis of data, empirical testing by Logistic Regression was utilized. Results - As an outcome of empirical testing, variables on share of regular employees and the aged employees in over 50's generates a significant statistical meaning. It eventually gives a great impact on purchase of Corporate Pension scheme. Moreover, variables on corporate financial statement, current sales, current net income, total amount of the debts, labor cost per person also has a vital influence on introduction of Corporate Pension Insurance products. Lastly, variables on firm's labor relationship have no effect except for the execution or non-execution of HR consulting. Meanwhile, Variables affecting a choice on pension schemes types among firm's attributes are a share of regular employees, current net income, execution or non-execution of HR consulting etc. These variables represents a statistical implication. According to their each features, they prefer DB or DC plan. Conclusions - Introduction of corporate pension scheme is apposite to contemporary Korea's situation entering a hyper-aging society and firms with a high share of regular employees, the weight of aging, current sales, current net income and labor cost per person are exceedingly active in purchasing Corporate Pension Insurance products. However, after the introduction of corporate pension scheme, firms which has an implementation of consultation on human resource management, flexible benefits plan, job security and welfare system prefer DC plan whereas from financial perspective firms with high net income prefer DB plan.