We find that changes in hours volatilities since the mid-1980s have been more favorable for middle-skilled workers relative to high-skilled and low-skilled workers. In particular, the relative standard deviation of detrended employment of middle-skilled workers to high-skilled workers has...

This article criticizes that the personnel management system for Korean public officials is seriously lacking competition among public employees and fails to nurture their competence and confidence due to too much reliance on rank, seniority, closed recruitment, and excessive rotation of...

The Thai Socio-Economic Survey suggests that new labor market entrants increasingly enter activities with high and positive productivity growth (modern sector), but continue to enter activities with low productivity growth (traditional sector). Workers appear to stick to their initial choice of...

We identify a key role of factor supply, driven by demographic changes, in shaping several empirical regularities that are a focus of active research in macro and labor economics. In particular, the large movements of the return to experience over the last four decades are almost perfectly...

The importance of skills development for national economic growth has been increasingly emphasized. Skills development system and strategy are critical in enhancing individual worker's productivity, national competitiveness and consequently people's economic wellbeing. Vocational education and...

Korea's public employees have made significant contributions to the country's rapid economic growth and social development. In recent years, however, there has been growing concern that the competitiveness of Korea's public employees is lagging behind Korea's private sector employees as well as...

The aim of this study is to investigate the negative correlation between unemployment and life satisfaction in the 27 post-socialist countries. First, we measured the well-being cost of life satisfaction brought from pecuniary and non-pecuniary sources. In line with the previous literature, the...

In this paper, we examine the effect of transportation infrastructure on the productivity of manufacturing plants. In particular, we analyze whether improved passenger transportation connections to metropolitan cities positively affects manufacturing plant productivity in non-metropolitan...