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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2015.12
- 수록면
- 345 - 377 (33page)
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This paper examines the causes of unemployment persistence among Korean individuals aged 19-60. We used a random effects dynamic probit model, controlling for unobserved heterogeneity and the initial condition problem, for the panel data of waves 1 to 15 (1998-2012) of the Korean Labor and Income Panel Study (KLIPS). The results show that non-cognitive personality and household background have a predictive power on unemployment persistence, as well as the presence of strong state dependence effects. Interestingly, a wealthy family background, high satisfaction with leisure, and job-hunting efforts with personal connections reduce the probability of unemployment persistence. Our results have important implications for separate unemployment policy among individuals with different unobserved personalities. It is also important to appropriately aid young people in their transitions between school and employment, in order for unemployment to be their first experience in the labor market. In addition, unemployment policies that target individuals with poor family backgrounds should help reduce the role of the difference of non-cognitive personalities and their determination during childhood and early adulthood.
목차
1. INTRODUCTION
2. ‘COGNITIVE’ AND ‘NON-COGNITIVE’ ABILITIES
3. MODELING UNEMPLOYMENT FUNCTION AND DATA DESCRIPTION
4. ESTIMATION METHODOLOGY
5. ESTIMATION RESULTS
6. CONCLUDING REMARKS
REFERENCES
참고문헌 (50)
참고문헌 신청
[학술지(정기간행물)] - Ahn, T / 2010 / Employment Dynamics of Married Women and the Role of Part-time Work: Evidence from Korea / Hitotsubashi Journal of Economics 53 (1) : 5 ~ 38
[학술지(정기간행물)] - Arulampalam, W / 2000 / Unemployment Persistence / Oxford Economic Papers 52 : 24 ~ 50
[단행본] - Baltagi, B. H / 2013 / Econometric Analysis of Panel Data / Wiley
[학술지(정기간행물)] - Bertrand, M. / 2004 / How Much Should We Trust Differences-in-Differences Estimates? / Quarterly Journal of Economics 119 (1) : 249 ~ 275
[학술지(정기간행물)] - Blanchard, O. J / 1986 / Hysteresis and the European Unemployment Problem / NBER Macroeconomics Annual 1 : 15 ~ 78
[학술지(정기간행물)] - Arulampalam, W / 2000 / Unemployment Persistence / Oxford Economic Papers 52 : 24 ~ 50
[단행본] - Baltagi, B. H / 2013 / Econometric Analysis of Panel Data / Wiley
[학술지(정기간행물)] - Bertrand, M. / 2004 / How Much Should We Trust Differences-in-Differences Estimates? / Quarterly Journal of Economics 119 (1) : 249 ~ 275
[학술지(정기간행물)] - Blanchard, O. J / 1986 / Hysteresis and the European Unemployment Problem / NBER Macroeconomics Annual 1 : 15 ~ 78
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UCI(KEPA) : I410-ECN-0101-2016-320-002317339