Labor market reforms and wage inequality in Korea

Hyeon-Kyeong Kim, Peter Skott

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

1 Citation (Scopus)

Resumé

Temporary workers make up a sizeable part of the labor force in many countries and typically receive wages that are significantly lower than their permanent counterparts. This paper uses an efficiency wage model to explain the wage gap between temporary and permanent workers. High-performing temporary workers may gain promotion to permanent status, and a high wage to permanent workers therefore serves a dual purpose: it affects the effort of both permanent and temporary workers. Applying the model to the Korean experience, we discuss the effects of the labor market reforms in 1998 on inequality.
OriginalsprogEngelsk
TidsskriftMetroeconomica
Vol/bind67
Udgave nummer2
Sider (fra-til)313-333
Antal sider21
ISSN0026-1386
DOI
StatusUdgivet - maj 2016

Emneord

  • Temporary workers, inequality, deregulation, efficiency wages, Korea

Citer dette

Kim, Hyeon-Kyeong ; Skott, Peter. / Labor market reforms and wage inequality in Korea. I: Metroeconomica. 2016 ; Bind 67, Nr. 2. s. 313-333.
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Labor market reforms and wage inequality in Korea. / Kim, Hyeon-Kyeong; Skott, Peter.

I: Metroeconomica, Bind 67, Nr. 2, 05.2016, s. 313-333.

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

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