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A microeconometric analysis on the impact of the 1997 economic crisis of Korea on labour market, household economy and social welfare

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  • A microeconometric analysis on the impact of the 1997 economic crisis of Korea on labour market, household economy and social welfare
  • Kim, Yong-Gyun
  • University College London


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Title A microeconometric analysis on the impact of the 1997 economic crisis of Korea on labour market, household economy and social welfare
Similar Titles
Material Type Articles
Author(English)

Kim, Yong-Gyun

Publisher

[London]:University College London

Date 2004
Pages 226
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Social Development < Social Welfare
Social Development < Employment
Holding University College London

Abstract

An economic crisis broke out in Asian region in 1997. Korea severely suffered from the economic crisis. This thesis examined the impact of the 1997 economic crisis on the Korean economy. The analysis focused on the impact of economic crisis on labour market, household economy, and social welfare. The analysis on labour market impact focused on both female labour force participation and male unemployment duration. The analysis on household economy impact focused on both household income and consumer behaviour. The analysis on social welfare impact focused on both inequality and social welfare. The analysis is an empirical research using econometric methods based on two micro level datasets: the 1998 Korean Labor and Income Panel Study (KLIPS) and the Family Income and Expenditure Survey (FIES) of Korea from 1991 to 1999. (The rest omitted)