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How would people spend time if confronted by permanent declines in market work? We identify preferences off exogenous cuts in legislated standard hours that raised employers' overtime costs in Japan around 1990 and Korea in the early 2000s. Using time-diaries from before and after these shocks,...
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We compare the performance of high-ability adolescent girls and boys who participated in a a long-running Korean television quiz show. We find there is a gender gap in performance – in favour of boys – across episodes of the quiz show. To investigate underlying mechanisms that might explain...
Persistent link: https://www.econbiz.de/10012870297
Are workers in modern economies working "too hard" – would they be better off if an equilibrium with fewer work hours were achieved? We examine changes in life satisfaction of Japanese and Koreans over a period when hours of work were cut exogenously because employers suddenly faced an...
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The Cold War division of Korea, regarded as a natural experiment in institutional change, provides a unique opportunity to examine whether institutions affect social preferences. We recruited North Korean refugees and South Korean students to conduct laboratory experiments eliciting social...
Persistent link: https://www.econbiz.de/10013076804
South Korea has boasted one of the world's most successful economies since the end of World War II. The South Korean labor market has recovered quickly from the depths of the Asian crisis in 1998, and has since remained surprisingly sound and stable. The unemployment rate has remained relatively...
Persistent link: https://www.econbiz.de/10011820332
South Korea has boasted one of the world's most successful economies since the end of World War II. The South Korean labor market has recovered quickly from the depths of the Asian crisis in 1998, and has since remained surprisingly sound and stable. The unemployment rate has remained relatively...
Persistent link: https://www.econbiz.de/10012269612