Results 1-4 of 4
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 ...
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. ...
Impact of Regulating Non-Regular Employment on Firms’ Employment Decisions
(Korea Development Institute, 2018-11-19)
The government is pushing to regulate the use of non-regular workers in the public sector to ease the duality of regular and non-regular employment across the economy. The conversion to regular employment is more difficult in the private than in the ...