Results 1-5 of 5
Population Aging and Economic Growth: Impact and Policy Implications
(Korea Development Institute, 2019-06-11)
Korea is aging at a faster pace than any other major country, and the negative impact on the economy is expected to be considerable. In thirty years, the old-age dependency ratio is projected to exceed 70% and GDP growth to mark around the 1% range. ...
Wage Inequality: How and Why it has Changed over the Decades
(Korea Development Institute, 2019-08-22)
So far as wages are a form of compensation for the skills provided, wage inequality is affected by the changes in the supply of and demand for skills. An important indicator of skill is the educational attainment of workers. The demand for high-school ...
The Effects of Delayed Mandatory Retirement on Elderly and Youth Employment
(Korea Development Institute, 2020-05-14)
The phased implementation of the minimum mandatory retirement age (60) from 2016 has expanded the employment of older workers (55-60) but reduced that of young workers (15- 29). The negative effect has been particularly pronounced at large companies ...
Business Groups and Declining Allocative Efficiency in Korea
(Korea Development Institute, 2018-04-19)
This study aims to reveal the causes of the decrease in the TFP growth rate and draw on measures to enhance Korea’s economic growth. ◦ An empirical analysis was conducted using firm-level micro data from Statistics Korea’s Survey of Business Activities. ...
Married Women’s Continued Participation in the Labor Market and Childbirth: Relevant Factors and Policy Implications
(Korea Development Institute, 2018-02-01)
This study analyzes the impact of work-family balance policies and men’s contribution in the home to women’s continued economic activities and the fertility rate, and explores policy measures that can lessen the burden incurred by women due to career ...