Choi, Kang-Shik; Jeong, Jin-Ho; Jung, Jin Hwa - In: Global Economic Review 34 (2005) 2, pp. 167-180
This study analysed the effect of an increase in the supply of youth college graduates, in terms of the return on education. The rate of return on education in Korea substantially dropped from 1983 to 1994. Since then, however, the declining trend of the rate of return on education stopped and...
