of wages and employment between different groups of workers in the Korean labor market. IST shocks can be identified by …

English Abstract: Armed with the copula distribution function that describes the asymmetric tail dependence, and the …

skilled workers accompanying with rising wage premium for education since implies that labor demand has shifted toward the …

, sticky nominal wages and prices, liquid and (partially) illiquid assets, government stabilization through monetary and fiscal … sources of aggregate fluctuations in the Korean economy and the determinants of changes in inequality. We show that … international factors are important determinants of fluctuations in Korea including key aspects of inequality. A key finding is that …