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외환위기 이후 노동시장의 변화와 시사점(Post-crisis changes in Korea's labor market and their implications)

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  • 외환위기 이후 노동시장의 변화와 시사점(Post-crisis changes in Korea's labor market and their implications)
  • 김대일
  • 한국경제학회


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Title 외환위기 이후 노동시장의 변화와 시사점(Post-crisis changes in Korea's labor market and their implications)
Similar Titles
Material Type Articles
Author(Korean)

김대일

Publisher

[서울]:한국경제학회

Date 2007
Journal Title; Vol./Issue 경제학연구:vol. 55(no. 4)
Pages 30
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Link
Subject Social Development < Employment
Holding KEA

Abstract

This paper documents the labor market changes during the post-crisis period in Korea and investigates the links between such changes and the market and institutional factors in the general equilibrium framework. The major post-crisis changes in Korea’s labor market can be summarized as 1) an increase in unemployment and reduced job creation, 2) an increase in wage and income inequalities, and 3) continued confrontational labor relations. In addition to the exogenous changes in economic environment such as the emergence of China as an economic power, the paper considers the increases in labor costs and economic concentration, and the slowdown in the growth of the skilled labor supply as the internal causes of labor market changes.