This paper analyzes factors which affect labor force participation
decision of married women from 1998 to 2007 and intends to explain
change of labor force participation rate in the last decade decomposing
by individual changes in Xs and changes in βs corresponding to
changes in Xs. In addition, this paper estimated the labor force
participation probability through a simulation in order to analyze
effects of Xs and βs with each variable.
Two sub periods had directly-opposed course each other
between effect by changes in Xs and one by changes in βs in each
change of labor force participation rate, as a result of decomposition
after dividing the last decade's total period by two sub periods and
analyzing by decomposition change of labor force participation rate
of married women in the last decade with changes in Xs and changes
in βs. Also, the effects by changes in Xs and βs made probability
of labor force participation in the last decade increase.
Total period and two sub periods’ analysis results of lengths of
time almost correspond in side of direction although there are
different degrees as a result of a simulation of probability of labor
force participation by a double change of Xs and βs with each variable. Also, total period and two sub periods' results was same as a whole
with results of a simulation of probability of labor force participation
by changes of Xs. On the one hand the results of a simulation by
changes of βs have a slight difference in every period.
Being based on analysis results, the course of change of all three
periods is almost same in case of exception economic crisis.