2023-09-28 14:46:10 +00:00
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abstract: 'Focusing on the individual heterogeneity, this article examines the
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causes of an individual''s employment status choice and the extent of
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state dependence in the Korean labour market. We estimate a dynamic
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multinomial logit model using the panel data drawn from the first to
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fifteenth wave of the Korean Labour and Income Panel Study. The results
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suggest the presence of state dependence. Individual characteristics and
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growth background have a significant effect on the choice of employment
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status. Gender is still an important employment factor; males are more
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likely to be employed and this gender effect is highest for regular
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employment (RE). One''s educational attainment and age operate in
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opposite directions. That is, educational attainment (age) has a
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positive (negative) impact on the choice of a regular job and a negative
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(positive) impact on the choice of a non-regular job. Contrary to our
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expectations, a wealthy family background reduces the probability of
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individuals being wage workers, and raises the probability of them being
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unemployed. The barriers to RE are greater than for non-regular
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employment. These findings are of great importance for designing
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policies to effectively address unemployment and labour informality
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problems in Korea.'
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affiliation: 'Lee, KD (Corresponding Author), Keimyung Univ, Dept Int Commerce, Daegu,
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South Korea.
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Lee, Ki-Dong; Lee, Seo-Hyeong, Keimyung Univ, Dept Int Commerce, Daegu, South Korea.
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Choe, Jong-Il, Chosun Univ, Dept Econ, Gwangju, South Korea.'
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author: Lee, Ki-Dong and Lee, Seo-Hyeong and Choe, Jong-Il
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author-email: kdlee@kmu.ac.kr
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author_list:
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- family: Lee
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given: Ki-Dong
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- family: Lee
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given: Seo-Hyeong
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- family: Choe
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given: Jong-Il
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da: '2023-09-28'
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doi: 10.1080/00036846.2017.1343447
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eissn: 1466-4283
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files: []
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issn: 0003-6846
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journal: APPLIED ECONOMICS
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keywords: 'Employment status; individual heterogeneity; multinomial logit model;
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state dependence; transition probability'
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keywords-plus: 'LABOR-MARKET; UNOBSERVED HETEROGENEITY; SELF-EMPLOYMENT; UNEMPLOYMENT;
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DYNAMICS; MOBILITY; TRANSITIONS; DURATION; MODEL; TIME'
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language: English
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number: '8'
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number-of-cited-references: '49'
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orcid-numbers: 'Lee, Ki-Dong/0000-0002-2660-2806
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Lee, Seo-Hyeong/0000-0003-0584-5232'
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pages: 824-837
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papis_id: cc4647b0e7cbc6de2ed8b4f976dd2dbf
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ref: Lee2018statedependence
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researcherid-numbers: 'Lee, Ki-Dong/L-4195-2017
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'
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times-cited: '1'
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title: 'State dependence, individual heterogeneity, and the choice of employment status:
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evidence from Korea'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000427200300001
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usage-count-last-180-days: '1'
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usage-count-since-2013: '9'
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volume: '50'
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web-of-science-categories: Economics
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year: '2018'
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