Arbeitspapier

Labor market reform and wage inequality in Korea

Temporary workers make up a sizeable part of the labor force in many countries and typically receive wages that are significantly lower than their permanent counterparts. This paper uses an efficiency wage model to explain the wage gap between temporary and permanent workers. High-performing temporary workers may gain promotion to permanent status, and a high wage to permanent workers therefore serves a dual purpose: it affects the effort of both permanent and temporary workers. Applying the model to the Korean experience, we discuss the effects of the labor market reforms in 1998 on inequality.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 2014-13

Klassifikation
Wirtschaft
Wage Level and Structure; Wage Differentials
Factor Income Distribution
Thema
Temporary workers
inequality
deregulation
efficiency wages
Korea

Ereignis
Geistige Schöpfung
(wer)
Kim, Hyeon-Kyeong
Skott, Peter
Ereignis
Veröffentlichung
(wer)
University of Massachusetts, Department of Economics
(wo)
Amherst, MA
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Kim, Hyeon-Kyeong
  • Skott, Peter
  • University of Massachusetts, Department of Economics

Entstanden

  • 2014

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