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주성분 분석을 이용한 우리나라 고용의 질 추이 분석(Measuring the quality of employment) : Principal component based index using Korean quarterly data

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  • 주성분 분석을 이용한 우리나라 고용의 질 추이 분석(Measuring the quality of employment)
  • 노용환; 신종각
  • 한국직업능력개발원


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Title 주성분 분석을 이용한 우리나라 고용의 질 추이 분석(Measuring the quality of employment)
Similar Titles
Sub Title

Principal component based index using Korean quarterly data

Material Type Articles
Author(Korean)

노용환; 신종각

Publisher

[서울]:한국직업능력개발원

Date 2007-12
Journal Title; Vol./Issue 직업능력개발연구:vol. 10(no. 3)
Pages 21
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Link
Subject Social Development < Employment
Holding 한국직업능력개발원

Abstract

This paper provides principal component based index for the ‘quality of employment’(QEI) using 11 indicators categorized as employment opportunity, stability of work, adequate earnings, and the social protection for occupational disaster and unemployment. We show that how standardized indicators are aggregated and weighted to arrive at a single composite measure of QEI. Our results suggest that low unemployment and high employment rates are not necessarily associated with the improvement of QEI. For the improvement of QEI which sharply decreased with the Korean currency crisis in the late 1997, we have to prepare for the fundamental policies for reducing the high rates of temporary workers and improving the income redistribution. Our QEI may not be robust to the differently-specified situations and domains of QEI. Further research is needed to find out robust aggregation methods.