An analysis of employment dynamics in the Republic of Korea: The role of temporary work and self‐employment

Relative to “standard”, permanent employment, the shares of temporary employment and self‐employment are on the rise throughout much of the developed world. Here, the author examines the dynamics of this trend in the Republic of Korea by investigating employment choices among prime‐age men and women...

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Bibliographic Details
Published in:International labour review 2016-12, Vol.155 (4), p.563-585
Main Author: AHN, Taehyun
Format: Article
Language:English
Subjects:
Economic models
Employment
Employment status
Korea
Panel data
Random effects
Self employment
Specification
Temporary employment
Work
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Summary:Relative to “standard”, permanent employment, the shares of temporary employment and self‐employment are on the rise throughout much of the developed world. Here, the author examines the dynamics of this trend in the Republic of Korea by investigating employment choices among prime‐age men and women. Using panel data and a dynamic multinomial logit model with a factor‐analytic random‐effects specification, he finds that temporary employment rarely serves as a stepping stone towards permanent employment. Individuals who are self‐employed, however, are less likely than those in any other employment status category to be non‐employed in the following year.
ISSN:0020-7780
1564-913X
DOI:10.1111/ilr.12018