• Title/Summary/Keyword: Real Labor

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Use of Markov Chain Monte Carlo in Estimating the Economy Model

  • Lee, Seung Moon
    • Journal of Integrative Natural Science
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    • v.1 no.2
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    • pp.127-132
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    • 2008
  • This project follows the heterogeneous agent market segmented model of Landon-Lane and Occhino (2007) with using Korean data, M1 and GDP deflator from 1882:I to 2007:II. This paper estimates parameters with Monte Carlo Markov Chain. The fraction of traders, ${\lambda}$, in Korea is 15.64%. The quarterly preferences discount factor's, ${\beta}$, posterior mean is 0.9922. The posterior mean of the inverse of the elasticity of the labor supply to the real wage, ${\varphi}$, is 0.0316. The elasticity of the labor supply to the real wage has a very large value. By Hansen (1985) and Christiano and Eichenbaum (1992) and Cooley and Hansen (1989), models having large elasticity of the aggregate labor supply better match macroeconomic data.

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The Relationship between Labor Union and Advertising Expenditures: A Focus on Distribution Firms

  • SHIN, Ilhang
    • Journal of Distribution Science
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    • v.18 no.5
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    • pp.61-70
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    • 2020
  • Purpose: The aim of this paper is to investigate whether labor unions are the main determinants of advertising expenditures and whether market competition has an impact on the relation between labor unions and advertising expenditures, focusing on distribution firms. Research design, data, and methodology: Using 914 observations of KOSPI market from 2001 to 2009 in distribution firms, this paper examines whether labor union is related to advertising expenditures, focusing on distribution firms. For this, this paper employs not only OLS regressions method but also 2SLS regressions method in which Female_Ratio(percentage of female employees) is used as instrumental. Results: This paper finds that in the distribution firms, labor union, as a major stakeholder of the company is, in terms of statistic, negatively associated with advertising expenditures. Also, market competition, in this paper, doesn't have real impact on the relation between labor unions and advertising expenditures. Conclusions: This paper presents the influence of labor unions, as a major factor in determining advertising expenditures. An executive who understands that as the amount of advertising expenditure increases, the total pie of wages to be attributed to the members of labor union will decrease.

Time Use of Urban Employed Husbands and their Wives. (도시근로자가정 부부의 생활시간구조에 관한 연구)

  • 이기영
    • Journal of the Korean Home Economics Association
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    • v.32 no.1
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    • pp.31-46
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    • 1994
  • the purpose of this study is to investigate (1) the real life of urban employed husbands and their wives(2) the balance between labor force reproduction and the labor force consumption(3) and the share of family responsibility by analysis patterns of their time use. Data for 227 couples were gatherd from using structured questionnaire and time diary. (1) Because of Husbands' long labor time and employed wives' roleoverload their social-cultural time is too short which means the pattern of their time use are very unbalanced type. (2) Regardless of wives' employment status husbands' housework time is too short which means that family responsibility is scarcely shared.

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Structural Vector Error Correction Model for Korean Labor Market Data (구조적 오차수정모형을 이용한 한국노동시장 자료분석)

  • Seong, Byeongchan;Jung, Hyosang
    • The Korean Journal of Applied Statistics
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    • v.26 no.6
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    • pp.1043-1051
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    • 2013
  • 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.

QUANTIFICATION OF COW′S BODY PARAMETERS USING COMPUTER VISION

  • Lee, D. W.;Kim, H. T.;Kim, Y. S.
    • Proceedings of the Korean Society for Agricultural Machinery Conference
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    • 2000.11b
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    • pp.344-353
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    • 2000
  • Recent mechatronics technology is the most appropriate high technology in the agricultural application to save repetitious labor. Cow's body parameters were measured by traditional several measurer. Image processing technology was used to measure automatically their parameters to reduce lots of labor and time. The parameters were measured form a small model cow, which is easily measured, instead to a real cow. The image processing system designed and built for this project was composed of a Pentium PC, and TV frame card two cameras which were located on side and top of model cow. 11 parameters of cow's body were measured and the error between real data and the data by image processing was less than 10%. Based on the results of this research the parameters of a real cow could be measured in the future.

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Korean Emotional Laborers' Job Stressors and Relievers: Focus on Work Conditions and Emotional Labor Properties

  • Lee, Garam
    • Safety and Health at Work
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    • v.6 no.4
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    • pp.338-344
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    • 2015
  • Background: The present study aims to investigate job stressors and stress relievers for Korean emotional laborers, specifically focusing on the effects of work conditions and emotional labor properties. Emotional laborers are asked to hide or distort their real emotions in their interaction with clients. They are exposed to high levels of stress in the emotional labor process, which leads to serious mental health risks including burnout, depression, and even suicide impulse. Exploring job stressors and relieving factors would be the first step in seeking alternatives to protect emotional laborers from those mental health risks. Methods: Using the third wave data of Korean Working Conditions Survey, logistic regression analysis was conducted for two purposes: to examine the relations of emotional labor and stress, and to find out job stressors and relievers for emotional laborers. Results: The chances of stress arousal are 3.5 times higher for emotional laborers; emotional laborers experience double risk-burden for stress arousal. In addition to general job stressors, emotional laborers need to bear burdens related to emotional labor properties. The effect of social support at the workplace is not significant for stress relief, unlike common assumptions, whereas subjective satisfaction (wage satisfaction and work-life balance) is proven to have relieving effects on emotional laborers' job stress. Conclusion: From the results, the importance of a balanced understanding of emotional labor for establishing effective policies for emotional laborer protection is stressed.

Emotional Labor Experienced by Ambulatory Care Nurses (외래간호사의 감정노동 경험)

  • Song, Mi-Ra;Park, Kuem-Ju
    • Journal of Korean Academy of Nursing Administration
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    • v.17 no.4
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    • pp.451-461
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    • 2011
  • Purpose: The purpose of this study was to explore emotional labor experienced by nurses in ambulatory care setting. Method: The phenomenological method developed by Giorgi was used for this study. The participants were 9 nurses who had experienced emotional labor. Data were collected between May and August 2010 by face-to-face interviews. The interview was recorded and then transcribed. Results: The constituents associated with the meaning of the nurses' experiences of emotional labor in ambulatory care setting were as followings: bearing down of suffering emotions coming up from the bottom, feeling loneliness when having to undertake care alone by oneself, having conflict between nursing professional and services, managing mind by means of both internal and external resources, getting ridding oneself of conflict with forced emotions over time. Conclusions: The results of this study should contribute to a deeper understanding of the meaning of emotional labor experienced by nurses in ambulatory care. The results also highlight the need to develop programs for nurses in ambulatory care setting to help them express their real action.

Human Capital, Agglomeration Economies and Regional Economic Growth

  • Kim, Hong-Bae
    • Journal of the Korean Regional Science Association
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    • v.14 no.2
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    • pp.65-75
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    • 1998
  • Education is widely recognized one of main sources for growth. This paper attempts to incorporate the general recognition into formal regional growth model. The model structure is largely neoclassical. It produces a single good with the two factors, educated labor and non-educated labor, via a constant return production migrating to the region with the higher real wage. The educated labor in a region is accumulated by two sources, migration and physical education capital, while the non-educated labor is by only migration. The paper shows that regional growth equilibrium is characterized as a saddle point. This indicates the presence of the minimum threshold size that must be overcome before a region may grow. It contrasts sharply with results obtained in regional growth models. The paper suggests that regional growth is determined less by the technical characteristics of regional production function characteristics of regional production function but by the stock combination of educated function but by the stock combination of education labor and non-educated labor. Based on this result, the impact of agglomeration economies on regional growth is explored. It is by phase diagram demonstrated that the presence of agglomeration economies do not always lead a region to growth since there still exists the minimum threshold even in the presence of agglomeration economies.

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On-Site Manpower Increasing Impact on Labor Productivity

  • Chang, Chul-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.5 s.27
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    • pp.139-147
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    • 2005
  • During a typical construction project, a contractor nay often find that the time originally available or normally expected to perform its work has been severely reduced. To finish the project by the completion date, the contractor is forced to find a way to speed up the progress of its work to compensate for the reduction in available time. The most frequent initial reaction of contractors to this situation is to increase on-site manpower by working longer time (overtime), adding more workers (overmanning), or implementing shift work (shift work) to increase the rate of progress. The goals of this study were to investigate how these three methods affect labor productivity and to quantify their impact on labor productivity by analyzing real project data collected from sheet metal contractors and mechanical contractors in the US.

A Study on Determining the Optimal Amount of Labor Force for Cargo Handling in the Harbor (항만 하역 노동력의 최적 규모 결정에 관하여)

  • Lee, Cheol-Yeong;Jang, Yeong-Jun
    • Journal of Korean Port Research
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    • v.3 no.1
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    • pp.35-55
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    • 1989
  • Today, about 99% of total import and export cargo in Korea is being transported through the port. The general trends of cargo handling show increases in capacity and speed, In order to cope with these trends, it is not only required to raise the efficiencies of port operation and function but also necessary to decide the optimal amount of the skilled labor force for cargo handling in the port. Cargo handling in the port is basically relied on the cargo handling facilities. Therefore, it is very important to reserve the amount of labor force for cargo handling system has been developed up to a certain level but the personnel management system which is the superior structure has not been followed well. In this study, therefore, we show a method to determine the required amount of labor force for cargo handling considering the amount of cargo and type of cargo handling work per each cargo, and the optimal amount labor force in cope with the fluctuation of the basic cargo handling labor force with respect to the time of in and out cargo flow in the viewpoint of minimizing the expences due to reservation of extra labor force than needed and firing employment of labor force using the Dynamic Programming. The derived algorithm is introduced into the computer simulation for Pusan port with the analyzed real data such as amount of cargo handling in the port with respect to working hour, cargo capacity, working step, the ratio of cargo handling facility and actual number of workers and we estimated the required labor force. As a result of analysis the labor force of Pusan port showed the over-employment such as maximum 21.4%, minimum 8.2% when we assumed that the averages of actual working hours and days were 8 hours in a day and 20 day in a month.

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