Cyclicality of Real Wages in Korea

被引：0
|
作者：
Shin, Donggyun [1 ]
机构：
[1] Kyung Hee Univ, Coll Polit Sci & Econ, Dept Econ, Seoul 130701, South Korea
来源：
B E JOURNAL OF ECONOMIC ANALYSIS & POLICY | 2012年 / 12卷 / 01期
关键词：
wage cyclicality; Korea; heterogeneity; EMPLOYER-EMPLOYEE MATCHES; BUSINESS-CYCLE; JOB MOBILITY; STAYERS;
D O I：
10.1515/1935-1682.3042
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
On the basis of the Korea Labor & Income Panel Study data over the period 1997 to 2008, this paper finds that real wages are strongly procyclical. For the same period, government-published aggregate real wages also show substantial procyclicality. Overall, measured real wage procyclicality in Korea is comparable to that in the international literature. The analysis also explores between-group heterogeneity in real wage cyclicality, such as the contrast between job changers and stayers.
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页数：18
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